46 Argyle Street N Caledonia, Ontario - MLS#: H4187900
$789,000
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:51158)
MLS: H4187900 For sale : 46 Argyle Street N 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:51158)
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Property Details
| MLS® Number | H4187900 |
| Property Type | Retail |
| Parking Space Total | 3 |
About 46 Argyle Street N, Caledonia, Ontario
Building
| Cooling Type | Air Conditioned |
| Heating Type | Forced Air |
| Size Exterior | 2420 Sqft |
| Size Interior | 2420 Sqft |
| Type | Commercial Mix |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 66 Ft |
| Size Frontage | 21 Ft |
| Size Irregular | 21 X 66 |
| Size Total Text | 21 X 66|under 1/2 Acre |
https://www.realtor.ca/real-estate/26626971/46-argyle-street-n-caledonia
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March 15 2024 05:07:57
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