172 Diltz Road, Haldimand, Ontario N1A 2V8

Listed for:
$1,200,000
14 beds
7 baths
Listed 75 days ago
Other for rent: 172 Diltz Road, Haldimand, Ontario N1A 2V8

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Learn more about this property
Listing provided by:
EXP REALTY
MLS® number:
X12383839
Agent:
Mark Jonathan Richardson
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About

Cross Streets: Diltz Road & Concession Street W. ** Directions: North on Diltz from Consession Street W. or South on Diltz from Bird Road.North on Diltz from Consession Street W. or South on Diltz from Bird Road. 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 2-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. Dont miss this chance to secure a profitable and growing investment property in a thriving community! (id:27476)

Property Highlights

MLS® Number
X12383839
Type
Multi-family
Community Name
Dunnville
Land Size
112 x 365.7 FT|1/2 - 1.99 acres
Parking Space Total
16

Building

Building Type
Other
Storeys
2.00
Square Footage
5000 - 100000 sqft
Bathrooms Total
7
Bedrooms Above Ground
12
Bedrooms Total
14
Amenities
Fireplace(s)
Exterior Finish
Vinyl siding, Stucco
Fireplace Present
Yes
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Window air conditioner

Utilities

Utility Sewer
Septic System

Location