Map
Listed price in listed location currency (CAD).
$1,499,000

0010

MLS® 40869789

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $15,200
Days Active 17
Lot Size 0.367 Acres
Approx. Age 
MLS® Number 40869789

Property Address: 14 Caithness Street E, Caledonia, ON, N3W1L4

Average square foot calculated using Size range provided by listing agent.

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 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.
MLS® Number40869789
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementFull
DrivewayAsphalt, Public
Garage Spaces
Heat
A/C

Extras

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