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.
| MLS # | 40817151 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 145 |
| Listing Provided By | Realty Network | Neil Dring |
| Bath(s) | 1 |
|---|---|
| SQ Feet | 2,420 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | H A7A |
| Acreage | 0.03 |
| Interior Features | None |
|---|---|
| Cooling | None |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | None |
| Lot Features | Airport, City Lot, High Traffic Area, Schools |
|---|---|
| Construction Materials | Brick |
| Roof | Metal |
| Foundation Details | Block |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 5372 |
|---|
| Province | ON |
|---|---|
| Region | Haldimand |
| City | Haldimand |
| Postal Code | N3W 1B8 |
| Area | Caledonia |
| Subarea | 631 Caledonia North East |
| Community Name | 631 Caledonia North East |
| Listing VS Median (in 631 Caledonia North East) | |
Price: $690,000 low | high Med: $690,000 sqft: 2,420 low | high Med: 2,420 $ / sqft: $285 low | high Med: $285 On site: 145 low | high Med: 145 | |
| Province | ON |
|---|---|
| Region | Haldimand |
| City | Haldimand |
| Postal Code | N3W 1B8 |
| Area | Caledonia |
| Subarea | 631 Caledonia North East |
| Community Name | 631 Caledonia North East |
| Listing VS Median (in 631 Caledonia North East) | |
Price: $690,000 low | high Med: $690,000 sqft: 2,420 low | high Med: 2,420 $ / sqft: $285 low | high Med: $285 On site: 145 low | high Med: 145 | |