4905 #3 Highway Cayuga, Ontario N0A 1E0
$1,475,000
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:48277)
Property Details
| MLS® Number | H4122561 |
| Property Type | Single Family |
| Amenities Near By | Golf Course |
| Equipment Type | None |
| Features | Park Setting, Partially Cleared, Park/reserve, Golf Course/parkland, Double Width Or More Driveway, Crushed Stone Driveway, Level, Carpet Free, Country Residential, Sump Pump, In-law Suite |
| Parking Space Total | 52 |
| Rental Equipment Type | None |
Building
| Appliances | Dryer, Refrigerator, Satellite Dish, Stove, Washer, Hot Tub, Range, Fan |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Constructed Date | 1952 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Metal, Other, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 7911 Sqft |
| Size Interior | 7911 Sqft |
| Type | House |
| Utility Water | Cistern |
Parking
| Attached Garage | |
| Gravel |
Land
| Access Type | River Access |
| Acreage | Yes |
| Land Amenities | Golf Course |
| Sewer | Septic System |
| Size Frontage | 548 Ft |
| Size Irregular | 3.24 Acres |
| Size Total Text | 3.24 Acres|2 - 4.99 Acres |
| Soil Type | Clay |
| Surface Water | Creek Or Stream |
https://www.realtor.ca/real-estate/23861868/4905-3-highway-cayuga
Peter R. Hogeterp
Salesperson
(905) 573-1189
325 Winterberry Dr Unit 4b
Stoney Creek, Ontario L8J 0B6
(905) 573-1188
(905) 573-1189
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
December 13 2021 04:07:03
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.