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RARE Opportunity to own this immaculately maintained, three-story commercial/residential building situated in the heart of Caledonia's thriving downtown shopping district. The main level - showcases an impressive 800+ square feet of commercial/retail space. 2nd level - you'll find an oversized 700+ square feet of living space residential unit. 3RD LEVEL - 1 bedroom residential unit & 3RD LEVEL/ATTIC - 1 bedroom residential unit. All units are currently occupied by A++ Tenants, generating $60,552 annual gross rent. Many upgrades throughout the years include; AC System 2023, Metal Roof 2011, Electrical copper & breakers, and plumbing systems. Serviced by 3 Separate hydro Metres, 1 Gas metre, and 1 water/sewage metre. This property offers an excellent opportunity to invest in one of Ontarioโs most rapidly growing towns & generating a high cap rate of almost 6%. (id:48215)
MLS® Number | H4168815 |
Property Type | Retail |
Amenities Near By | Public Transit, Recreation |
Community Features | Community Centre |
Parking Space Total | 3 |
Cooling Type | Air Conditioned |
Fire Protection | Smoke Detectors |
Heating Type | Forced Air |
Size Exterior | 2420 Sqft |
Size Interior | 2420 Sqft |
Type | Commercial Mix |
Utility Water | Municipal Water |
No Garage |
Access Type | Highway Access |
Acreage | No |
Land Amenities | Public Transit, Recreation |
Sewer | Sanitary Sewer |
Size Depth | 66 Ft |
Size Frontage | 21 Ft |
Size Irregular | 21 X 66 |
Size Total Text | 21 X 66|under 1/2 Acre |
Zoning Description | H A7a |
https://www.realtor.ca/real-estate/25831959/46-argyle-street-n-caledonia
Rob Golfi
Salesperson
(905) 575-7700
(905) 575-1962