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$ 2,499,000
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Active
17277 Old Main ST Caledon, ON L7K 0E5
6,800 SqFt
UPDATED:
09/18/2024 04:29 PM
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $367
MLS Listing ID W9305437
Annual Tax Amount $9,672
Tax Year 2023
Property Description
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.
Location
Province ON
County Peel
Community Rural Caledon
Area Peel
Region Rural Caledon
City Region Rural Caledon
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Greenbelt/Conservation, Skiing
Utilities Available Yes
Others
Security Features Yes
Listed by RE/MAX REALTY SPECIALISTS INC.