- Status:
- Active
- Prop. Type:
- Other
- MLS® Num:
- 40869789
- Build. Type:
- Residential Commercial Mix
- Photos (31)
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Five-unit mixed-use building in the Caledonia downtown core. Approximately 8,700 sf of enclosed area — 5,143 above grade plus 3,545 of income-producing lower level. Two commercial tenancies and three residential units; one ground-floor residential unit vacant and unfinished. Roof 2023, heat pump 2024, furnace 2025 — all recent. Value sits in the gap between in-place and achievable income: gross legacy leases, one unlet unit, and a substantial portion of the lower level never allocated to a tenancy. Restructured on market terms, NOI of approximately $95,000 supports a 6.35% return at the asking price for roughly $12,000 of landlord work. Zoned CD, Downtown Commercial. Measured floor plans and full information package available to qualified buyers. (id:2493)
- Property Type:
- Other
- Common Interest:
- Freehold
- Total Living Area:
- 8,688 sq. ft.
- Total Building Area:
- 8,688 sq. ft.
- Zoning:
- CD
- Taxes:
- $15,200 / -
- Community:
- 631 - Caledonia North East
- Exterior Features:
- Stone, Stucco, Aluminum siding, Vinyl siding
- Community Features:
- High Traffic Area
- Security Features:
- Alarm system
- Structure Type:
- Residential Commercial Mix
- Utilities:
- Natural Gas, Electricity
- Fireplace:
- No
- Foundation:
- Poured Concrete
- # Storeys:
- 3.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- Full
- Lot Frontage:
- 91'
- Lot Size:
- 15,987 sq. ft.
- Lot Details:
- 0.367
- Lot Features:
- Southern exposure, Visual exposure, Paved Driveway
- Total Parking Spaces:
- 10
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Listed by RE/MAX Escarpment Realty Inc.
Data was last updated October 10, 2026 at 10:15 PM (UTC)
- ANNMARI MASSIHI
- Re/Max Escarpment Realty Inc. Brokerage
- 1 (905) 9656696
- Contact by Email
Re/Max Escarpment Realty Inc. Brokerage
Office Address:
109 Portia Drive
Ancaster, ON, L8N 2B9