$1,199,999
Haldimand
172 Diltz Road, Haldimand (Dunnville), Ontario, N1A2V8
This multi-family property in Haldimand is for sale.
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:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 120 days on market, against an average age of 103 days across the listings currently for sale in this city
This 13-bed multi-family in Haldimand (Dunnville) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,199,999, about 15.5× the local median household income of $77,500.
Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 202% above the area median.
Source: Statistics Canada, 2021 Census (FSA N1A)
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Loading rates, 30-yr amortization
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