14 CAITHNESS Street E - Photo 1 of 31, Caledonia, Ontario
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$1,499,000

14 CAITHNESS Street E — Caledonia, Ontario

N3W1L4

RE/MAX Escarpment Realty Inc.
MLS® 40869789
8,688Sq Ft
10Parking

About This Property

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 2024, 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. (id:63357)

RE/MAX Escarpment Realty Inc.MLS® 40869789

Property Location

Map

Property Details

Property Type
Detached
Building Area
8,688 square feet
Living Area
8,688 sqft
Stories
3.0
Status
Active
MLS® Number
40869789

Location & Neighborhood

What's nearby 14 CAITHNESS Street E

Nearby Schools

Parks & Recreation

Local Amenities

POI data updated 10/10/2026

Last updated: Oct 10, 2026

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