$1,499,000 Sale

Listed 4 days ago

14 CAITHNESS Street E

MLS® 40869789 Residential Commercial Mix

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Beds · 0

Baths · 0.0

Parking · 10

Sqft · 8688

Est. mortgage

$5,687/mo

Key Facts

Key facts for 14 CAITHNESS Street E

Property Type

Commercial

Parking

Garage: No, 10 parking

MLS #

40869789

Size

8688 sqft

Basement

Full

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

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 202...4, 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:10452)

Full Property Details

Interior

Washrooms

0.0

Square Footage

8688 sqft

Basement

Full

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

8688 sqft

Basement

Full

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.367 ac|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Schools

Acreage

0.367 ac|under 1/2 acre

Parking Spaces

Garage Spaces Y/N

Zoning Description

Land Amenities

Schools

Building Description

Home Type

Commercial

Subtype

Residential Commercial Mix

Exterior

Aluminum siding, Stone, Stucco, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Alarm system

Home Type

Commercial

Subtype

Residential Commercial Mix

Exterior

Aluminum siding, Stone, Stucco, Vinyl siding

Sewers

Municipal sewage system

Water Supply

Municipal water

Fire Protection

Alarm system

Community

Caledonia

Area Code

Caledonia

Features

High Traffic Area

Community

Caledonia

Area Code

Caledonia

Features

High Traffic Area

Other

Virtual Tour Link

https://stoic-media.aryeo.com/sites/14-caithness-st-e-haldimand-on-n3w-1l4-29479310/branded

Virtual Tour Link

https://stoic-media.aryeo.com/sites/14-caithness-st-e-haldimand-on-n3w-1l4-29479310/branded

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Napoleon Wilson

Email: [email protected] Cell: 905-512-7051