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$1,199,999
Est. payment /mo
13 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Dunnville
MLS Listing ID X13532840
Style 2-Storey
Bedrooms 13
Annual Tax Amount $6,350
Tax Year 2025
Property Sub-Type Multiplex
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!
Location
Province ON
County Haldimand
Area Haldimand
Rooms
Family Room No
Basement None
Kitchen 7
Interior
Interior Features None
Cooling None
Fireplaces Type Living Room, Natural Gas
Fireplace Yes
Heat Source Electric
Exterior
Parking Features Available
Garage Spaces 1.0
Pool None
Roof Type Membrane
Lot Frontage 120.0
Lot Depth 340.0
Total Parking Spaces 15
Building
Foundation Slab
Others
Security Features Carbon Monoxide Detectors,Smoke Detector
ParcelsYN No
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Listed by EXP REALTY
NEARBY SCHOOL & BUSINESS
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