$849,900

For sale

26 Renfrew Street East, Haldimand - Multi-family for Sale

26 Renfrew Street East, Haldimand, Ontario, N3W1E8

8 beds4 baths8 parking4,250 ft²85 × 146 ft (12,410 sq ft) lot sizeListed 47 days ago

Overview

This multi-family property in Haldimand is for sale offering roughly 4,250 sq ft of space. It has been on the market 47 days, fresher than the Haldimand average of 93 days.

Multi-Family Properties for Sale in Haldimand →All real estate in Haldimand →

Description

Discover the potential of this legal fourplex in the growing, family-friendly community of Caledonia! Enjoy the charm and welcoming feel of small-town living while remaining a short drive to Hamilton and surrounding cities. Each of the four self-contained units offers 2 bedrooms and 1 bathroom, along with 2 parking spaces per unit. Whether you're an investor looking to expand your portfolio, friends or family considering purchasing together, or a first-lime buyer looking to live in one unit while renting out the others, this property offers plenty of possibilities. Caledonia continues to grow and develop, making it an exciting community to invest in as new development and amenities continue to take shape. Real estate is about looking ahead, and purchasing in a growing community can offer the opportunity to benefit from that future growth. Enjoy nearby parks, trails, the Grand River, local shops and everyday amenities, with convenient access to larger urban centres. Four units, ample parking and a growing community the potential here is worth a closer look. (id:66096)

Property Details

MLS®: X13805172
Property Type: Multi-family
Zoning: H A7B
Bedrooms: 8
Beds (above / below): 8 above · 0 below
Bathrooms: 4
Parking: 8
Interior Size: 4,250 ft²
Lot Size: 85 × 146 ft (12,410 sq ft)
Frontage: 85 ft
Basement: Finished, Full
Heating: Baseboard heaters, Natural gas
Cooling: None
Garage: No Garage
Fireplace: Yes
Property Tax: $5,753.52/yr
Listed: 47 days ago

Rooms

Main level

Bedroom: 2.46 x 3.58 meters
Living room: 3.02 x 4.65 meters
Kitchen: 3.56 x 2.54 meters
Dining room: 2.44 x 4.17 meters
Living room: 3.2 x 4.17 meters
Primary Bedroom: 4.52 x 3.15 meters
Bathroom
Primary Bedroom: 4.27 x 3.1 meters
Bathroom
Bedroom: 2.13 x 3.66 meters
Kitchen: 2.82 x 2.64 meters

Second level

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Concrete
Exterior: Brick
Lot Features: Cul-de-sac, Irregular lot size, Conservation/green belt

Services

Water: Municipal water
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

Haldimand listings, avg age

93d

Price / ft²

$200

List price

$850K

Haho

This 8-bed multi-family in Haldimand has been listed for 47 days, which is 46 days fresher than the city average of 93. Act while there is still low competition.

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Listed by RE/MAX ESCARPMENT REALTY INC. · Matthew Regan

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3W)

This home lists at $849,900, about 7.7× the local median household income of $111,000.

Carrying it typically needs a household income of about $166,015 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.

Median household income: $111,000
Population: 15,805
Median age: 38.4
Owner / renter: 87% / 13%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N3W)

$849,900· $200/ft²

For sale

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Full Cost Breakdown

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Down Payment7.06% · $59,990

Min 7.06%50%

Mortgage payment$4,379/mo

↳ CMHC premium ($31,596 capitalized)

Property tax (est.)$479/mo

Total monthly$4,859

Cash Needed to Close

Down payment (7.06%)$59,990

Land transfer tax$13,473

Est. closing costs$5,050

Total cash needed$78,513

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