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$1,770,000
Available - For Sale
Listing ID: X11959149
**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!
Price $1,770,000
Taxes: $5,220.13
Address: 2047 Main St South , Haldimand, N0A 1J0, Ontario
Lot Size: 61.9 x 129.94 (Feet)
Directions/Cross Streets: Main St S & Talbot St W
Rooms: 30
Washrooms: 6
Kitchens: 6
Family Room: N
Basement: Finished
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 2nd
Washroom 3:  4 Lower
Property Type: Multiplex
Style: 2-Storey
Exterior: Metal/Side
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 10
Pool: None
Approximatly Square Footage: 5000+
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Sewers: Sewers
Water: Municipal
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EXP REALTY

2047 Main St South , Haldimand, N0A 1J0, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Haldimand
Municipality: Haldimand
Neighbourhood: Haldimand
Style: 2-Storey
Lot Size: 61.90 x 129.94(Feet)
Approximate Age:
Tax: $5,220.13
Maintenance Fee: $0
Beds:
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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