$1,499,000
( $172.54Per Sq Foot )
 $8,047 est/mo Sourced by Back At You

14 Caithness Street E,Caledonia, ON N3W1L4

Caledonia, ON N3W1L4

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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. (id:13843)

Details

MLS #40869789
Listing TypeFor Sale
StyleResidential Commercial Mix
StatusActive
Days On Site18
Listing Provided ByRE/MAX Escarpment Realty Inc. | Ross Mogridge

Features

SQ Feet8,688
BasementY
Story(s)3
ZoningCD
Acreage0.37

Interior

Fireplace Yes / NoNo

Exterior

Security FeaturesAlarm system
Lot FeaturesSouthern exposure, Visual exposure, Paved driveway
Foundation DetailsPoured Concrete

Parking

Parking Total10

Utilities

UtilitiesNatural Gas, Electricity
SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount15200

Area Information

ProvinceON
CityCaledonia
Postal CodeN3W1L4
Community Name631 Caledonia North East
Listing VS Median (in 631 Caledonia North East)
Price:
$1,499,000
low | high
Med:
$629,000
100% of Average
sqft:
8,688
low | high
Med:
1,730
100% of Average
$ / sqft:
$173
low | high
Med:
$364
60.728231152175% of Average
On site:
18
low | high
Med:
33
54.545454545455% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Kevin O'Brien

Kevin O'Brien

Sutton Group - Quantum Realty Inc- Brokerage

Sales Representative, (905) 330-0838kobrien@sutton.com
ProvinceON
CityCaledonia
Postal CodeN3W1L4
Community Name631 Caledonia North East
Listing VS Median (in 631 Caledonia North East)
Price:
$1,499,000
low | high
Med:
$629,000
100% of Average
sqft:
8,688
low | high
Med:
1,730
100% of Average
$ / sqft:
$173
low | high
Med:
$364
60.728231152175% of Average
On site:
18
low | high
Med:
33
54.545454545455% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.124M - $1.873M
sqft: 6,500 - 10,500
Nearby Listings Property ImageNearby Listings Details
14 CAITHNESS STREET E Property Photo 1
$1,499,000
14 Caithness Street E
Haldimand, ON N3W1L4
Listing Updated: October 10, 2026 at 4:02:14 AM PDT

Kevin O'Brien - Sutton