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Doug Folsetter

doug@folsetter.com +1(905) 515-5494

Listed by Neil Dring • Realty Network

$690,000

Est. payment - /mo

2,420 SqFt

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Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 2,420 sqft

Price per Sqft $285

MLS Listing ID 40816859

Abv Grd Liv Area 2,420

Annual Tax Amount $5,372

Property Sub-Type Building and Land

Source Cornerstone

Property Description

Attention Investors! Rare opportunity to own this well 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. 2 level-you'll find an oversized 700+square feet of living space residential unit. 3rd level - 1 bedroom residential unit and attic bachelor apartment. All units are currently occupied by A+ tenants, generating $57,000 annual gross rent. Many upgrades throughout the years include: AC system 2023, Metal Roof 2011, Electrical copper & breakers, and plumbing systems. Service 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 with the opportunity to raise residential rents when the apartments become available.

Location

Province ON

County Haldimand

Area Caledonia

Zoning H A7A

Direction South from Hamilton on Hwy 6 to downtown Caledonia

Rooms

Basement Crawl Space

Kitchen 0

Interior

Fireplace No

Exterior

Garage Description 1

Lot Frontage 21.0

Lot Depth 66.0

Garage No

Building

Lot Description Airport, City Lot, High Traffic Area, Schools

Faces South from Hamilton on Hwy 6 to downtown Caledonia

Story 3

Foundation Block

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 381580006

Ownership Freehold/None

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

46 Argyle Street N Haldimand, ON N3W 1B8

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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46 Argyle Street N