$1,499,000 Sale

Listed 4 days ago

14 Caithness Street E

MLS® 40869789 Mixed Use

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Beds · 0

Baths · 0

Parking · 10

Sqft · 8688

Est. mortgage

$5,687/mo

Property Taxes

$15,200/yr

Key Facts

Key facts for 14 Caithness Street E

Property Type

Other

Parking

10 parking

MLS #

40869789

Size

8688 sqft

Basement

Full

Listed on

2026-10-07

Lot size

Tax

$15,200 /yr

Days on Market

Year Built

Maintenance Fee

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 20...24, 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., Directions:SOUTH ON ARGYLE, EAST ON CAITHNESS ST E, Exclusions:All Possessions Of Tenants

Full Property Details

Interior

Washrooms

Square Footage

8688 sqft

Basement

Full

Kitchens

Fireplace

Washrooms

Square Footage

8688 sqft

Basement

Full

Kitchens

Fireplace

Exterior

Depth

176.00

Acreage

0.37

Lot Size

15986.52 acres

Lot Dimensions

91 x 176

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

10.00

Garage Spaces

Road on Side

Municipal Road,Public Road

Zoning

Depth

176.00

Acreage

0.37

Lot Size

15986.52 acres

Lot Dimensions

91 x 176

Waterfront

Unspecified

Parking Spaces

Total Parking Spaces

10.00

Garage Spaces

Road on Side

Municipal Road,Public Road

Zoning

Building Description

Property Type

Building and Land

Home Type

Other

Subtype

Mixed Use

Exposure

South

Exterior

Aluminum Siding,Stone,Stucco,Vinyl Siding

Sewers

Sewer (Municipal)

Water Supply

Municipal

StoriesTotal

New Construction

Foundation

Block,Poured Concrete,Stone

Construction Materials

Aluminum Siding,Stone,Stucco,Vinyl Siding

Common Interest

Freehold/None

Property Type

Building and Land

Home Type

Other

Subtype

Mixed Use

Exposure

South

Exterior

Aluminum Siding,Stone,Stucco,Vinyl Siding

Sewers

Sewer (Municipal)

Water Supply

Municipal

StoriesTotal

New Construction

Foundation

Block,Poured Concrete,Stone

Construction Materials

Aluminum Siding,Stone,Stucco,Vinyl Siding

Common Interest

Freehold/None

Community

631 - Caledonia North East

Community

631 - Caledonia North East

Taxes & Fees

Taxes

$15,200 /yr

Taxes

$15,200 /yr

Other

Directions

SOUTH ON ARGYLE, EAST ON CAITHNESS ST E

Virtual Tour Link

https://stoic-media.aryeo.com/sites/rzqoxlnn/unbranded

Directions

SOUTH ON ARGYLE, EAST ON CAITHNESS ST E

Virtual Tour Link

https://stoic-media.aryeo.com/sites/rzqoxlnn/unbranded

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William Marlow

Email: [email protected] Cell: 905-906-1773