14 Caithness Street E

About this Property

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.

Listing Details

MLS #

40869789

Board

ITSO

Market

ontario

Property Type

Building and Land

Style

Commercial Sale

Parking Spaces

10

Basement

Full

Lot Size

91.00 × 176 ft

Annual Taxes

$15,200/yr

Listed By

REMAX Escarpment Realty Inc.

Presented By

REMAX Hallmark®

Listed On

October 7, 2026

Days on Market

1