172 Diltz Road,Haldimand (Dunnville), ON N1A2V8
Haldimand (Dunnville), ON N1A2V8
Description
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 1-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 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. Don't miss this chance to secure a profitable and growing investment property in a thriving community! (id:13843)
Details
| MLS # | X13532840 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 110 |
| Listing Provided By | EXP REALTY | MARK JONATHAN RICHARDSON |
Features
| Bed(s) | 13 |
|---|---|
| Bath(s) | 7 Total |
| SQ Feet | 5,000 |
| Garage | 15 |
| Story(s) | 2 |
| Zoning | RH |
Interior
| Cooling | None |
|---|---|
| Heating | Baseboard heaters, Forced air, Electric, Natural gas |
| Fireplace Yes / No | Yes |
Exterior
| Security Features | Smoke Detectors |
|---|---|
| Foundation Details | Slab |
Parking
| Parking Features | Attached Garage, Garage |
|---|---|
| Parking Total | 15 |
Utilities
| Sewer | Septic System |
|---|---|
| Water Source | Cistern |
Taxes
| Tax Annual Amount | 6350 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Haldimand (Dunnville) |
| Postal Code | N1A2V8 |
| Listing VS Median (in N1A2V8) | |
Price: $1,199,999 low | high Med: $1,199,999 sqft: 5,000 low | high Med: 5,000 $ / sqft: $240 low | high Med: $240 On site: 110 low | high Med: 110 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Haldimand (Dunnville) |
| Postal Code | N1A2V8 |
| Listing VS Median (in N1A2V8) | |
Price: $1,199,999 low | high Med: $1,199,999 sqft: 5,000 low | high Med: 5,000 $ / sqft: $240 low | high Med: $240 On site: 110 low | high Med: 110 | |