46 ARGYLE Street North, Haldimand, Ontario, N3W1B8




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$690,000
Haldimand
This multi-family property in Haldimand is for sale offering roughly 2,420 sq ft of space.
Attention Investors! Rare opportunity to own this well maintained, three-story commercial/residential building situated in the heart of Caledonia's thriving downtown shopping district. The main level showcases an impressive 800+ square feet of commercial/retail space. 2 level-you'll find an oversized 700+square feet of living space residential unit. 3rd level - 1 bedroom residential unit and attic bachelor apartment. All units are currently occupied by A+ tenants, generating $57,000 annual gross rent. Many upgrades throughout the years include: AC system 2023, Metal Roof 2011, Electrical copper & breakers, and plumbing systems. Service by 3 separate hydro meters, 1 gas meter, 1 water/sewage meter. This property offers an excellent opportunity to invest in one of Ontario's most rapidly growing towns and generating a positive cash flow. Fully rented units offer reliable income with the opportunity to raise residential rents when the apartments become available. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 216 days on market, against an average age of 92 days across the listings currently for sale in this city
This multi-family in Haldimand is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $690,000, about 6.2× the local median household income of $111,000.
Carrying it typically needs a household income of about $134,781 (20% down, 25-yr amortization, stress-tested) — roughly 21% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3W)
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Loading rates, 30-yr amortization
Cash Needed to Close
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