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46 ARGYLE Street

46 ARGYLE Street

Haldimand, Ontario

1 bath • Multi-family

$690,000

Attention Investors! Rare opportunity to own this well maintained, three-story commercial/residential building situated in the heart of Caledonia's thriving downtown shopping district. The main level showcases an impressive 800+ square feet of commercial/retail space. 2 level-you'll find an oversized 700+square feet of living space residential unit. 3rd level - 1 bedroom residential unit and attic bachelor apartment. All units are currently occupied by A+ tenants, generating $57,000 annual gross rent. Many upgrades throughout the years include: AC system 2023, Metal Roof 2011, Electrical copper & breakers, and plumbing systems. Service by 3 separate hydro meters, 1 gas meter, 1 water/sewage meter. This property offers an excellent opportunity to invest in one of Ontario's most rapidly growing towns and generating a positive cash flow. Fully rented units offer reliable income with the opportunity to raise residential rents when the apartments become available.

Price History

Schools

Elementary

  • Caledonia Centennial Public School0.3 km

    Public · Grand Erie DSB · 420 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 48% met the provincial standard

  • River Heights School0.4 km

    Public · Grand Erie DSB · 695 students

    Grade 3 reading: 75% met the provincial standard · Grade 6 math: 66% met the provincial standard

  • St. Patrick's School0.4 km

    Catholic · Brant Haldimand Norfolk CDSB · 455 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 20% met the provincial standard

Secondary

  • McKinnon Park Secondary School1.2 km

    Public · Grand Erie DSB · 665 students

    Grade 10 literacy: 76% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N3W

Population
15,805
Private dwellings
5,731
Median age
38.4
Average household size
2.8
Median household income
$111,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Multi-family in Haldimand · last 12 months

Median sold price
$647,500
Homes sold
521
Median days on market
36
Sale-to-list price
95.8%

Based on 521 recorded sales of multi-family properties in Haldimand over the last 12 months.

Location

Mortgage Calculator

$138,000

Estimated Monthly Payment

$3,390

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,390/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $173/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

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