17277 Old Main Street Caledon, Ontario L7K 0E5
$2,499,000
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. (id:55499)
Property Details
| MLS® Number | W9305437 |
| Property Type | Retail |
| Community Name | Rural Caledon |
| Amenities Near By | Ski Hill |
| Features | Conservation/green Belt |
Building
| Cooling Type | Fully Air Conditioned |
| Size Exterior | 6800 Sqft |
| Size Interior | 6800 Sqft |
| Type | Residential Commercial Mix |
Land
| Acreage | No |
| Land Amenities | Ski Hill |
| Size Depth | 144 Ft |
| Size Frontage | 239 Ft |
| Size Irregular | Bldg=239 X 144 Ft |
| Size Total Text | Bldg=239 X 144 Ft |
| Zoning Description | Commercial/residential |
https://www.realtor.ca/real-estate/27380790/17277-old-main-street-caledon-rural-caledon
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September 12 2024 12:32:02
Toronto Real Estate Board
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