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:56248)
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 | 8,688 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?
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 08 2026 04:38:38
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.