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14 Argyle Street N Caledonia, Ontario N3W 1B6

2600 sqft
Air Conditioned Forced Air

$1,500,000

Fantastic Investment Property located in Caledonia's vibrant downtown business district offering excellent visual exposure w/extreme high volume of daily pedestrian & vehicular traffic. This superbly maintained building incs 30ft of frontage on Argyle St enjoying private lane access off Caithness St to rear of building. Ftrs personal parking area + 12x12 freshly painted rear deck boasting southwest views of the glistening Grand River. Incs ONE Commercial Unit-GRADE LEVEL ($2000 p/mnth - all inclusive) & THREE Residential Units. GRADE LEVEL Residential Unit - 2 Bedrooms ($2200 p/mnth - all inclusive *projected income/owner occupied*). UPPER LEVEL Residential Unit - 2 Bedroom ($1350 p/mnth - all inclusive) UPPER LEVEL Residential Unit - 1 Bedroom ($1050 p/mnth - all inclusive). Projected NOI - $61,606 - (4.1 - CAP Rate) - all quality Tenants wanting to remain. Upgrades inc recently replaced street-facing display windows, c/vac for owner occupied unit & common stairway, metal roof, partial rubberized roofing-2011, n/g furnace-2011, central air-2011, increased attic insulation, all units inc updated wiring/plumbing/drywall/paint & meet fire separation codes, no knob & tube wiring, full service-style dry storage basement w/rear entry, n/g BBQ hook-up + street parking. The Perfect live-in 1 unit & let rent cover mortgage- or- ideal Investment property in in the heart of this rapidly expanding area - 20 mins commute to Hamilton & 403 + 90 mins to GTA. Redefining Turn-Key AIA (id:47594)

Property Details

MLS® Number H4136565
Property Type Retail
Parking Space Total 2

Building

Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Range, Window Coverings
Basement Type None
Cooling Type Air Conditioned
Heating Type Forced Air
Size Exterior 2600 Sqft
Size Interior 2600 Sqft
Type Commercial Mix
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 150 Ft
Size Frontage 29 Ft
Size Irregular 29.66 X 150.41
Size Total Text 29.66 X 150.41

https://www.realtor.ca/real-estate/24493696/14-argyle-street-n-caledonia

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Peter R. Hogeterp
Salesperson

(905) 573-1188
(905) 573-1189

RE/MAX Escarpment Realty Inc.
325 Winterberry Dr Unit 4b
Stoney Creek, Ontario L8J 0B6

(905) 573-1188
(905) 573-1189

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