
Listed For $1,499,000
Added 12 days ago
6 Baths
8688 Sq Ft Divisible
Commercial Retail
$15,200 Tax / yr
-
Bedrooms
6
Bathrooms
-
Garages
8688
Sq Ft Divisible
Our team is here to help.
Loading local market context...
Loading comparable properties...
Loading nearby active listings...
A five-unit mixed-use building in the Caledonia downtown core, offering approximately 8,700 square feet of enclosed area - 5,143 above grade across two floors, plus 3,545 of income-producing lower level. The rent roll comprises two commercial tenancies and three residential units, with a fourth ground-floor residential unit currently vacant and unfinished. Major capital is recent and complete: roof (2023), heat pump (2024) and furnace (2025).The opportunity sits in the gap between in-place and achievable income. The leases are gross and legacy-dated, one ground-floor unit is unlet, and a substantial portion of the lower level has never been allocated to a tenancy. Restructuring the tenancies on current market terms -including expansion of the ground-floor retail demise into the adjoining r
Census area 35280154; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.