17277 Old Main St
Caledon, L7K0E5
For Sale
$2,499,000
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Store With Apt/Office
CATEGORY6,800 Sq Ft
TOTAL AREAW9305437
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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.
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Property Details
Category
Store With Apt/Office
Zoning
Commercial & Residential
Total Area
6,800 Sq Ft
Office/Apartment Area
1,100 Sq Ft
Retail Area
5,700 Sq Ft
Lot Size
239' x 144'
Taxes
$9,673 (2023)
Air Conditioning
Yes
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Listing contracted with Re/Max Realty Specialists Inc.
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