14 Argyle Street N Caledonia, Ontario N3W 1B6
$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:47723)
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
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June 09 2022 03:11:06
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.