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    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:24093)
    Listed by Ross Mogridge of RE/MAX Escarpment Realty Inc.

    Property Details of 14 Caithness Street East

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    "Based on information submitted to CREA as of October 9, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or CREA.  All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing."

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