14 CAITHNESS Street E,Caledonia,Ontario,N3W1L4
14 CAITHNESS Street E,Caledonia,Ontario,N3W1L4
14 CAITHNESS Street E,Caledonia,Ontario,N3W1L4
Five-unit mixed-use building in the Caledonia downtown core. Approximately 8,700 sf of enclosed area â?? 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 â?? 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:63658)
| MLS® # | : | 40869789 |
| Listing price | : | $1,499,000 |
| Listed on | : | 15-10-2026 |
| Property subtype | : | For sale |
| Square footage | : | 8688 sqft |
| Year built | : | 0000 |
| Listing office | : | RE/MAX Escarpment Realty Inc. |
| Total bedrooms | : | 0 Bedrooms |
| Total bathrooms | : | 0 Bathrooms |
| Building type | : | |
| Parking | : |