$1,199,999
Available - For Sale
Listing ID: X12595898
172 Diltz Road , Haldimand, N1A 2V8, Haldimand
| Exceptional 7-Plex Investment Opportunity in Dunnville! Welcome to 172- 176 Diltz Road, a rare opportunity to own a well-maintained multi-residential property featuring a mix of units and strong income potential. This unique property sits on one acre of land and includes: A standalone 2-bedroom bungalow, perfect for an owner-occupier or additional rental income. A separate 6-unit building, with all spacious 2-bedroom apartments. Each unit is designed for tenant independence and cost efficiency, with: Separate hydro and gas meters, individual forced-air furnaces, and private hot water tanks. Recent upgrades enhance both property value and ease of management, including newer windows, roofs, HVAC units, and hot water tanks, along with web-enabled security cameras for convenient remote oversight. This property offers excellent upside potential by adding laundry facilities and adjusting below-market rents to current levels. With its current 5.5% cap rate, the property already provides steady cash flow and has plenty of room for increased returns. Additional highlights: Ample on-site parking for tenants and guests Spacious outdoor area for tenant enjoyment. Strong, consistent rental demand in Dunnville. Convenient location near schools, shopping, parks, and the Grand River, with easy access to major routes. Whether you're seeking a live-and-retire opportunity by residing in the bungalow and collecting income from the other units, or looking to expand your investment portfolio with a reliable multi-residential property, this 7-plex is an exceptional choice. Dont miss this chance to secure a profitable and growing investment property in a thriving community! |
| Price | $1,199,999 |
| Taxes: | $6103.24 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 172 Diltz Road , Haldimand, N1A 2V8, Haldimand |
| Postal Code: | N1A 2V8 |
| Province/State: | Haldimand |
| Directions/Cross Streets: | Diltz Road and Concession Street W. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 1.00 |
| Total Area Code: | Acres |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
| Water: | Cistern |
| Water Supply Types: | Cistern |
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Muniba Mian
Sales Representative
Dir:
416-909-5662
Bus:
905-239-8383
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Haldimand |
| Municipality: | Haldimand |
| Neighbourhood: | Dunnville |
| Tax: | $6,103.24 |
| Fireplace: | N |
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