Address
4905 #3 Highway Cayuga, ON
Price
$ 1,475,000
Property Attributes
  • ID#H4122580
  • TypeMulti-Family
  • CityCayuga
  • Postal CodeN0A 1E0
  • StyleTriplex
  • Price$ 1,475,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7911
  • Lot Size3.24 Acres
Listing Provided Courtesy Of:
Peter R. Hogeterp with RE/MAX Escarpment Realty Inc.
Data Source:
RLP - CREA EN
Property Description

Fantastic 3.24ac investment property located on prime corner lot offering excellent visual exposure + incredible volume of daily vehicle traffic comprised of L. Erie Cottagers, Car Racing Enthusiasts, Tourists & Local Traffic - mins W of Cayuga enjoying 548.72ft of Hwy 3 frontage + frontage on River Rd. 30 min comm/Hamilton, Brantford & 403 - 90 mins/GTA. Ftrs versatile 7,911sf multi-unit complex incs 3-4 COMM/RETAIL UNITS ftrs 500sf E bay garage, 180sf multi-purp. room (former ice cream shop), 554sf multi-purp. room, 965sf retail/store front (former restaurant) w/3 baths & patio door WO to outdoor conc. patio. 3 RESIDENTIAL UNITS -UNIT #1 - 2 stry, 2 bedroom ftrs living room w/cath. ceilings + premium flooring, stylish kitchen w/SS appliances, den & 2pc bath. Upper level ftrs open area (bedroom potential), huge master (formerly 2 bedrooms), 2nd bedrm + 4pc bath. UNIT #2 incs 3 bedrooms, living room, dining room, kitchen & 4pc bath. Adjacent laundry rm is shared w/Unit #1. UNIT #3 - 1 bedroom bachelor apartment incs kitchen, living room + bathroom. Income generators inc 10KW Solar Tracker Micro Fit w/aprx. 10 years remaining on contract -aprx. $12,000 annually + Fast Food Truck renting outdoor lot space for $12,000 p/year Extras inc metal roof, n/gas furnace, AC, vinyl windows, 200 amp hydro, 3000g cistern, septic & huge aggregate parking lot. Set your own rental rates as entire building (incs all comm. & res. units) will be vacant on completion-$80,000 plus income potential. (id:27)

General Features

Parking Spaces 52

Exterior Features

Lot Frontage 548.0
Lot Size 3.24 ACRES
Jumpid 16571650

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N0A 1E0

Price
AVG $1.48M
$1.48M
Visits
AVG 70
71
Year Built
AVG 1952
1952

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