17277 OLD MAIN STREET

Caledon, Ontario, L7K0E5, Canada

$2,499,000

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.

EXTRAS: Conservation/green belt

Virtual Tour: https://unbranded.mediatours.ca/property/17277-old-main-street-belfountain/

Last updated on : Wednesday 11th of September 2024 08:32:02 PM

ADDRESS

Street : 17277 OLD MAIN STREET

City : Caledon

Province : Ontario

Country : Canada

Postal Code : L7K0E5

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PROPERTY SUMMARY

Property ID : W9305437

Building Type : Residential Commercial Mix

Property Type : Retail

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