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Doug Folsetter

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

$690,000

Est. payment - /mo

1 Bath

2,420 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,420 sqft

Price per Sqft $285

MLS Listing ID 40817151

Abv Grd Liv Area 2,420

Annual Tax Amount $5,372

Property Sub-Type Multi-3 Unit

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 Full, Unfinished

Kitchen 0

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Laundry None

Exterior

Roof Type Metal

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

Level or Stories 3

Structure Type Brick

New Construction No

Others

Senior Community false

Tax ID 381580006

Ownership Freehold/None

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Listed by Realty Network

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Doug Folsetter

+1(905) 515-5494

Sales Representative | License ID: 4729737

Sales Representative License ID: 4729737

46 Argyle ST Haldimand, ON N3W 1B8

Doug Folsetter

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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46 Argyle ST