Maintenance fees
-
Locker
-
Exposure
-
Possession
-
Price per sqft
$318
Taxes
$4,929 (2022)
Outdoor space
-
Age of building
-
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Description
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.
Broker: Realty Network
MLS®#: 40704222
Property details
Neighbourhood:
Caledonia
Parking:
Yes
Parking type:
Owned
Property type:
Condo Apt
Heating type:
Forced Air
Style:
3 Storey
Ensuite laundry:
-
MLS Size:
2420 sqft
Lot front:
22 Ft
Lot depth:
66 Ft
Listed on:
Mar 7, 2025
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Rooms
| Name | Size | Features |
|---|---|---|
Other | Unknown | |
Other | Unknown | |
Other | Unknown |
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