46 ARGYLE Street N, Caledonia, Ontario N3W 2G6
$769,000.00
- 2,420 Square Feet
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 $58,000 annual gross rent. Many upgrades throughout the years include AC system 2023, Metal Roof 2011, Electrical Copper & breakers and plumbing ... read more
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 $58,000 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 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:25417)
- Listing ID: 40704222
- Property Type: Single Family
| Property | |
|---|---|
| Style: | 3 Level |
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | 1 Spaces |
| Building | |
|---|---|
| Type: | Single Family Apartment |
| Appliances: | Stove and Refrigerator |
| HVAC: | Fireplace and Forced Air |
| Exterior: | Brick |
| Basement: | Crawl Space (Unfinished) |
| Utilities: | Municipal Sewage System |
| Location | |
|---|---|
| Town: | Caledonia |
| Province: | Ontario |
| Nearby Amenities: | Place Of Worship and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Other | Second level | Measurements not available |
| Other | Third level | Measurements not available |
| Other | Main level | Measurements not available |
| Other | Upper Level | Measurements not available |
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