$1,199,999
Available - For Sale
Listing ID: X12595898
172 Diltz Road , Haldimand, N1A 2V8, Haldimand
| 7-Plex Investment Opportunity on 1 Acre in Dunnville! Welcome to 172-176 Diltz Road, a rare and multi-residential property offering strong current income and outstanding future potential. This well-maintained asset features a standalone 2-bedroom bungalow-plus a separate 6-unit apartment building, with each unit consisting of a spacious 2-bedroom layout. Designed for efficient management, every unit includes separate hydro and gas meters, individual forced-air furnaces, and private hot water tanks, dramatically reducing operating costs and increasing tenant accountability. Significant capital improvements have already been completed, including newer windows, roofs, HVAC units, and hot water tanks, along with web-enabled security cameras for convenient remote monitoring. This property delivers a current cap rate of approximately 5.5%, with excellent potential to increase returns by adding laundry facilities and bringing below-market rents to current area levels. With ample parking, a large outdoor area for tenant enjoyment, and a full acre of land, this building offers both stability and long-term growth opportunities. Located in a quiet and convenient area close to schools, shopping, parks, and the Grand River, with easy access to major commuter routes. Rental demand in Dunnville remains strong, making this an ideal opportunity for investors seeking reliable income or for those looking to live in the bungalow while earning revenue from the additional six units. A rare chance to acquire a high-performing, low-maintenance multi-residential investment in a thriving community. Don't miss this exceptional opportunity! Small VTB possible to well qualified buyer. |
| Price | $1,199,999 |
| Taxes: | $6103.24 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 172 Diltz Road , Haldimand, N1A 2V8, Haldimand |
| Postal Code: | N1A 2V8 |
| Province/State: | Haldimand |
| Directions/Cross Streets: | Diltz Road and Concession Street W. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 1.00 |
| Total Area Code: | Acres |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
| Water: | Cistern |
| Water Supply Types: | Cistern |
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Bus:
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At a Glance:
| Type: | Com - Investment |
| Area: | Haldimand |
| Municipality: | Haldimand |
| Neighbourhood: | Dunnville |
| Tax: | $6,103.24 |
| Fireplace: | N |
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