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46 Argyle Street N Caledonia, Ontario N3W 2G6

2420 sqft
3 Level None Forced Air

$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 $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. (id:61445)

Property Details

MLS® Number 40704222
Property Type Single Family
AmenitiesNearBy Place Of Worship, Schools
ParkingSpaceTotal 1

Building

Appliances Refrigerator, Stove
ArchitecturalStyle 3 Level
BasementDevelopment Unfinished
BasementType Crawl Space (unfinished)
ConstructionStyleAttachment Attached
CoolingType None
ExteriorFinish Brick
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2420 Sqft
Type Apartment
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
LandAmenities Place Of Worship, Schools
Sewer Municipal Sewage System
SizeDepth 66 Ft
SizeFrontage 22 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Commercial

Rooms

Level Type Dimensions
Second Level Other Measurements not available
Third Level Other Measurements not available
Main Level Other Measurements not available
Upper Level Other Measurements not available

https://www.realtor.ca/real-estate/27993860/46-argyle-street-n-caledonia

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Neil Dring
Salesperson


Realty Network
431 Concession Street
Hamilton, Ontario L9A 1C1

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