Address
172 Diltz Road, Haldimand (Dunnville), ON
Price
$ 1,199,999
Property Attributes
- ID#X13532840
- TypeMulti-Family
- Listing Status Active
- MunicipalityHaldimand (Dunnville)
- CityHaldimand (Dunnville)
- AreaDunnville
- NeighbourhoodDunnville
- Postal CodeN1A 2V8
- Style
- Price$ 1,199,999
- Bedrooms13
- Bathrooms7
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property 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:7434)
General Features
| Property Type | Multi-family |
|---|---|
| Zoning Description | RH |
| CommunityName | Dunnville |
| Building Amenities | Fireplace(s) |
| Building Cooling Type | None |
| Location Description | Cross Streets: Diltz Road and Concession Street W. ** Directions: North on Diltz from Concession Street W. or South on Diltz from Bird Road. |
| Parking Space Total | 15 |
| Foundation Type | Slab |
| Building Type | Other |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | True |
|---|---|
| Building Heating Type | Baseboard heaters, Forced air |
| Building Heating Fuel | Electric, Natural gas |
| Basement Type | None |
| Living Area Range | 5000 |
| Bedrooms | 13 |
Exterior Features
| Sewer | Septic System |
|---|---|
| Exterior Finish | Aluminum siding, Stucco |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in N1A 2V8
Price
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
