Selling

2047 Main Street, Haldimand, ON N0A 1J0

$1,399,000

  • Jun 13, 2025
  • Haldimand, Ontario

Description
Prime Investment Opportunity Purpose-Built 6-Unit Apartment Building in Jarvis! An excellent multiplex investment offering steady rental income, with all six units currently tenanted. This well-maintained brick and concrete building with metal siding features four spacious two-bedroom units and two one-bedroom units, each separately hydro metered. The building has benefited from a series of updates over time, including improvements to the mechanical systems, windows, roofing, and exterior. These upgrades support long-term value and reduced maintenance needs. With a gross annual income of $115,880 and total expenses of $20,029, the property offers a strong 6.9% CAP rate. Additional features include ample parking and dedicated tenant storage lockers. Located in a growing community just 35 minutes from HWY 403/Hamilton, this property offers excellent long-term appreciation potential, along with the opportunity to bring rents in line with market value over time.
Overview
MLS ID: X11959149
Type: Others
Bedrooms: 10
Bathrooms: 6
Square: 4,250 m²
Price: $1,399,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: None
Heating: Radiant
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 5220
PossessionDetails: TBA
Map
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