14 Caithness Street E,Haldimand, ON N3W 1L4
Haldimand, ON N3W 1L4
Description
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.
Details
| MLS # | X13876994 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 23 |
| Listing Provided By | RE/MAX ESCARPMENT REALTY INC. | X13876994 184000 |
Features
| Bath(s) | 6 |
|---|---|
| SQ Feet | 8,688 |
| Acreage | 0.20 |
Interior
| Cooling | Yes |
|---|
Exterior
| Security Features | No |
|---|
Utilities
| Utilities | Available |
|---|---|
| Sewer | Sanitary+Storm |
Taxes
| Tax Annual Amount | 15200 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 30 CON 11 OTONABEE AS IN R510612 ; OTONABEE-S MONAGHAN ; |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Haldimand |
| City | Haldimand |
| Postal Code | N3W 1L4 |
| Area | Haldimand |
| Listing VS Median (in N3W 1L4) | |
Price: $1,499,000 low | high Med: $1,499,000 sqft: 8,688 low | high Med: 8,688 $ / sqft: $173 low | high Med: $173 On site: 23 low | high Med: 23 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Haldimand |
| City | Haldimand |
| Postal Code | N3W 1L4 |
| Area | Haldimand |
| Listing VS Median (in N3W 1L4) | |
Price: $1,499,000 low | high Med: $1,499,000 sqft: 8,688 low | high Med: 8,688 $ / sqft: $173 low | high Med: $173 On site: 23 low | high Med: 23 | |
