46 ARGYLE Street, Haldimand, Ontario, N3W1B8
$690,000
Haldimand
This other 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 93 days across the listings currently for sale in this city
This other 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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