LOADING

14 Argyle Street N Caledonia, Ontario N3W 1B6

2600 sqft
2 Level, Multi-Unit Central Air Conditioning 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)

Business

Business Type Other

Property Details

MLS® Number H4137376
Property Type Multi-family
Equipment Type Water Heater
Features No Driveway
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Range, Window Coverings
Architectural Style 2 Level, Multi-unit
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Smoke Detectors, Unknown
Foundation Type Poured Concrete, Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Exterior 2600 Sqft
Size Interior 2600 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 150 Ft
Size Frontage 29 Ft
Size Irregular 29.66 X 150.41
Size Total Text 29.66 X 150.41
Soil Type Clay

https://www.realtor.ca/real-estate/24494985/14-argyle-street-n-caledonia

Interested?

Contact us for more information


Generating Captcha

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

Your Favourites

 

No Favourites Found