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$749,000
Haldimand
28-30 King Street West, Haldimand, Ontario, N0A1H0
This multi-family property in Haldimand is for sale offering roughly 4,425 sq ft of space.
"Better than new" Multi-Unit Investment Opportunity- Fully Tenanted- Cash Flow Positive!!! Mixed-use Commercial/ Residential property in the heart of Hagersville- only 30 min to Hamilton, Brantford & Hwy 403, 60 min to Mississauga, approx 90 min to Toronto. Fully renovated (2016-2019) 2-storey brick/siding building featuring 2 leased main-level commercial/ office units and 2 leased upper-level residential apartments (one 2-bed, and one 1-bed units). Modern facade with excellent visibility and high pedestrian/vehicle traffic. Includes rare, 10 owned rear surface parking spaces, 4 furnaces, 4 A/C units, 4 water heaters, 4 security cameras, and Duro-Last roof. Extensive upgrades include electrical, plumbing, drywall, cabinetry, vanities, fixtures, and attic insulation. Over 7.2% Cap Rate- see additional information for chattels, fixtures, updates, floor plans & financials. Do NOT enter any units as all viewings must be by appointment only! Please allow 24-48 hrs for showings. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 119 days on market, against an average age of 92 days across the listings currently for sale in this city
This multi-family in Haldimand 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 $749,000, about 8.5× the local median household income of $88,000.
Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 66% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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