LOADING

46 Argyle Street N Caledonia, Ontario N3W 2G6

2420 sqft
Forced Air

$769,000

Attention Investors! 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 bachelor apartment. All units are currently occupied by A++ Tenants, generating $55,920 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 meters, 1 gas meter, 1 water/sewage meter. This property offers an excellent opportunity to invest in one of Ontario’s most rapidly growing towns and generating a positive cash flow. Fully rented units offer reliable income now with the opportunity to raise residential rents when/if the apartments become available to market prices. Contact LB for income/expense information. (id:48215)

Property Details

MLS® Number XH4202955
Property Type Other
Features No Driveway
ParkingSpaceTotal 3

Building

FireProtection Smoke Detectors
HeatingType Forced Air
SizeExterior 2420.0000
SizeInterior 2420 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 66 Ft
SizeFrontage 21 Ft
SizeTotalText Under 1/2 Acre

https://www.realtor.ca/real-estate/27427344/46-argyle-street-n-caledonia

Neil Dring
Salesperson


Realty Network
431 Concession Street
Hamilton, Ontario L9A 1C1

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