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)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | H4122580 |
| Property Type | Multi-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 |
| Pool Type | Above Ground Pool |
| Rental Equipment Type | None |
Building
| Appliances | Dryer, Refrigerator, Satellite Dish, Stove, Washer, Hot Tub, Range, Fan |
| Architectural Style | Multi-unit |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Constructed Date | 1952 |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Metal, Other, Vinyl Siding |
| Fire Protection | Fire Alarm System |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Exterior | 7911 Sqft |
| Size Interior | 7911 Sqft |
| Type | Triplex |
| 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/23861866/4905-3-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
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November 30 2021 02:05:07
REALTORS® Association of Hamilton-Burlington
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