46 Argyle Street N Caledonia, Ontario N3W 2G6
$879,900
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 residential unit. All units are currently occupied by A++ Tenants, generating $60,552 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 Metres, 1 Gas metre, and 1 water/sewage metre. This property offers an excellent opportunity to invest in one of Ontario’s most rapidly growing towns & generating a high cap rate of almost 6%. (id:35660)
Property Details
| MLS® Number | H4168815 |
| Property Type | Retail |
| Amenities Near By | Public Transit, Recreation |
| Community Features | Community Centre |
| Parking Space Total | 3 |
Building
| Cooling Type | Air Conditioned |
| Fire Protection | Smoke Detectors |
| Heating Type | Forced Air |
| Size Exterior | 2420 Sqft |
| Size Interior | 2420 Sqft |
| Type | Commercial Mix |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| 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 |
| Zoning Description | H A7a |
https://www.realtor.ca/real-estate/25831959/46-argyle-street-n-caledonia
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July 21 2023 09:08:46
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