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    For Sale - 14 Caithness Street, Haldimand, Ontario

    Est payment $7,198/mo
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    Views   1
    Time on Jump  9 day

    AI Summary *

    • Five-unit mixed-use building in the heart of Caledonia downtown.
    • Approximately 8,700 square feet, including income-producing lower level.
    • Two commercial tenancies and three residential units for steady income.
    • Recent major upgrades: roof, heat pump, and furnace all replaced.
    • Opportunity for restructuring leases to increase net operating income.




    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 rear space - supports a net operating income of approximately $95,000, a 6. 35% return at the asking price, for roughly $12,000 of landlord work. Zoned cd, downtown commercial.
    Listing IDX13876994
    Address14 Caithness Street
    CityHaldimand, Ontario
    Price$1,499,000
    Bath6 Full
    StyleCommercial Retail
    Land Size0.36
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailOutdoor Features NoneBasement 1Heating / Cooling Gas Forced Air OpenSewer Sanitary+Storm

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    Listing Brokerage: RE/MAX ESCARPMENT REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    14 Caithness Street
    Haldimand , Ontario
    6 $1,499,000
    Get more info