7Building and LandFor Sale
3266 Homestead Drive
Mount Hope Municipal, Mount Hope, ON
- 1,500 square feet
Listed by RE/MAX Escarpment Realty Inc.
$1,199,900
Building and LandFor Sale
14 Caithness Street E
Caledonia North East, Caledonia, ON N3W 1L4
$1,499,000
MLS® 40869789
1 / 31
- 8,688Sq. ft.
- 10Parking
- 25Days on market
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.
Property details
Property
- Property type
- Building and Land
- Style
- Other
- Lot size
- 91 x 176 ft
- Annual taxes
- $15,200
- Zoning
- CD
Interior
- Basement
- Full
Exterior & parking
- Construction
- Aluminum Siding, Stone, Stucco, Vinyl Siding
- Foundation
- Block, Poured Concrete, Stone
- Parking spaces
- 10
Utilities
- Sewer
- Sewer (Municipal)
- Water
- Municipal
Location
14 Caithness Street E, Caledonia North East, Caledonia, ON, N3W 1L4
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Listing courtesy of RE/MAX Escarpment Realty Inc.. MLS® 40869789. Data provided by Information Technology Systems Ontario (ITSO), last updated October 8, 2026. Information deemed reliable but not guaranteed.
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