Located in the heart of Belfountain, this 6-unit property offers an excellent investment opportunity. It includes 5 Commercial units and a 2-Bedroom Residential Apartment, generating $14,000 in monthly income. Not classified as a heritage property, this building benefits from prime street exposure, attracting both daily commuters and tourists.The property sits on a 0.789-acre lot with 233 feet of frontage, offering ample parking and significant potential for expansion. The commercial units host a diverse mix of tenants, ensuring a steady income stream.This is a prime opportunity for developers to create a new commercial and residential building or bring your own vision to life. With the exposure this area and property receive, there's potential to significantly enhance its value and income. Positioned to benefit from the growth of the Village of Erin, this property offers both immediate income and long-term development possibilities. |
Price | $2,499,000 |
Taxes: | $9672.83 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 17277 Old Main St , Caledon, L7K 0E5, Ontario |
Postal Code: | L7K 0E5 |
Province/State: | Ontario |
Legal Description: | Lt 3 E/S Main St & W/S Pinnacle St Pl Ca |
Lot Size: | 239.00 x 144.00 (Feet) |
Directions/Cross Streets: | Forks Of The Credit |
Category: | Store With Apt/Office |
Building Percentage: | Y |
Total Area: | 6800.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 1100 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 5700 |
Retail Area Code: | Sq Ft |
Area Influences: | Grnbelt/Conserv Skiing |
Approximatly Age: | 100+ |
Sprinklers: | Y |
Central Air Conditioning: | Y |
Water: | Well |
Water Supply Types: | Drilled Well |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX REALTY SPECIALISTS INC. |
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Type: | Com - Store W/Apt/Office |
Area: | Peel |
Municipality: | Caledon |
Neighbourhood: | Rural Caledon |
Lot Size: | 239.00 x 144.00(Feet) |
Approximate Age: | 100+ |
Tax: | $9,672.83 |