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172 Diltz Road
homes for sale · Haldimand · Dunnville
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$1,199,999

172 Diltz Road

Dunnville, Haldimand · MLS® X13532840

13715

House · Multi-family · 109 days on market

listed by MARK JONATHAN RICHARDSON, EXP REALTY

realtor's 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!

property details

type
House, Multi-family
bedrooms
13
bathrooms
7
parking
15
property tax
$6,350 / yr
days on market
109
MLS®
X13532840

monthly cost

$5,757/mo
Mortgage $5,228 · Tax $529

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$5,228/ monthly
loan $959,999
25-year amortization
total interest
$608,485
cash to close
$240,000
down payment; transfer tax and fees not included
total paid
$1,568,484

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Dunnville, HaldimandGoogle Maps ↗

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listed by
MARK JONATHAN RICHARDSON
EXP REALTY
call MARK · 289-207-2700
Powered by: REALTOR.ca

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location

Dunnville, HaldimandGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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