14 Caithness Street E Caledonia, Ontario N3W 1L4
$1,499,000
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. (id:56221)
Property Details
| MLS® Number | 40869789 |
| Property Type | Other |
| Amenities Near By | Schools |
| Communication Type | High Speed Internet |
| Community Features | High Traffic Area |
| Features | Southern Exposure, Visual Exposure, Paved Driveway |
| Parking Space Total | 10 |
| Sign Type | Signband |
Building
| Basement Type | Full |
| Exterior Finish | Aluminum Siding, Stone, Stucco, Vinyl Siding |
| Fire Protection | Alarm System |
| Foundation Type | Poured Concrete |
| Stories Total | 3 |
| Size Exterior | 8688.0000 |
| Size Interior | 8688 Sqft |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 176 Ft |
| Size Frontage | 91 Ft |
| Size Irregular | 0.367 |
| Size Total | 0.367 Ac|under 1/2 Acre |
| Size Total Text | 0.367 Ac|under 1/2 Acre |
| Zoning Description | Cd |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/30380939/14-caithness-street-e-caledonia
Interested?
Contact us for more information
Ross Mogridge
Salesperson
109 Portia Drive Unit 4b
Ancaster, Ontario L9G 0E8
(905) 304-3303
(905) 574-1450
https://www.remaxescarpment.com/
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October 08 2026 04:38:38
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.