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4905 #3 Highway Cayuga, Ontario N0A 1E0

7911 sqft
Central Air Conditioning Forced Air Acreage

$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:35011)

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

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