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.
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Zillow last checked:
Listing updated:
Listed by:
Neil Dring, Salesperson,
Realty Network
Source: ITSO,MLS®#: 40817151Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 1
Heating
Forced Air, Natural Gas
Cooling
None
Appliances
Laundry: None
Features
None
Basement: Full,Unfinished
Has fireplace: No
Interior area
Total structure area: 2,420
Total interior livable area: 2,420 sqft
Finished area above ground: 2,420
Property
Parking
Total spaces: 1
Parking features: No Driveway Parking
Features
Frontage type: East
Frontage length: 21.00
Lot
Size: 1,386 Square Feet
Dimensions: 21 x 66
Features: Airport, City Lot, High Traffic Area, Schools