46 Argyle Street N Caledonia, Ontario N3W 2G6
$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:47351)
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
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October 31 2024 03:06:17
REALTORS® Association of Hamilton-Burlington
Realty Network