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.
Realty Network
$769,000
46 Argyle Street N, Caledonia, Ontario
0 Bedrooms
Property
MLS® Number: 40704222
Address: 46 Argyle Street N
City: Caledonia
Style: 3 Storey
Exterior: Brick
Lot Size: 66.0ft x 22.0ft
Utilities
Heating: Forced Air
Parking
Parking Spaces: 1
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Property Sale History
Travel and Neighbourhood
75/100Walk Score®
Very Walkable
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Location
