46 Argyle Street N Caledonia, Ontario N3W 2G6

2,420 ft2
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:61594)

Property Details

MLS® Number 40704222
Property Type Single Family
Amenities Near By Place Of Worship, Schools
Parking Space Total 1

Building

Appliances Refrigerator, Stove
Architectural Style 3 Level
Basement Development Unfinished
Basement Type Crawl Space (unfinished)
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Heating Type Forced Air
Stories Total 3
Size Interior 2,420 Ft2
Type Apartment
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Place Of Worship, Schools
Sewer Municipal Sewage System
Size Depth 66 Ft
Size Frontage 22 Ft
Size Total Text Under 1/2 Acre
Zoning Description 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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