ON > Haldimand > Haldimand
Haldimand, ON N0A 1J0,2047 Main ST S
Haldimand, ON N0A 1J0,2047 Main ST S
Haldimand, ON N0A 1J0,2047 Main ST S
Haldimand, ON N0A 1J0,2047 Main ST S
Haldimand, ON N0A 1J0,2047 Main ST S
Haldimand, ON N0A 1J0,2047 Main ST S
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 1,770,000
Est. payment | /mo

10 Beds

6 Baths

Save
$ 1,770,000
Est. payment | /mo
Save

10 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Haldimand

MLS Listing ID X11959149

Style 2-Storey

Bedrooms 10

Annual Tax Amount $5,220

Tax Year 2024

Property Sub-Type Multiplex

Property Description

**Prime Investment Opportunity 6-Unit Apartment Building in Jarvis!** An outstanding multiplex investment offering stable rental income, with all units currently occupied. This well-maintained property features four spacious two-bedroom units and two one-bedroom units, each separately metered. Recent upgrades enhance long-term value, including a newer pump (2024), windows (2023-2024), boiler & furnace (2018), resurfaced roof (2017), and updated siding (2019). This income-generating property produces a gross total income of $115,360 per year, including rental revenue and coin laundry income ($1,984), with total expenses of $17,820, resulting in a NOI of $97,540 and a strong 5.50% CAP rate. Tenant storage lockers and ample parking add further value. Situated in a growing community, just 35 minutes from HWY 403/Hamilton, this property offers long-term appreciation and the ability to increase rents to market value over time. Don't miss this incredible investment opportunity!

Location

Province ON

County Haldimand

Community Haldimand

Area Haldimand

Rooms

Family Room No

Basement Finished

Kitchen 6

Interior

Interior Features Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Pool None

Roof Type Other

Lot Frontage 61.9

Lot Depth 129.94

Total Parking Spaces 10

Building

Foundation Concrete

Listed by EXP REALTY
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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2047 Main ST S