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Haldimand,ON N0A1E0
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $259
Subdivision Haldimand
MLS Listing ID X12108826
Bedrooms 4
Originating Board Niagara Association of REALTORS®
Property Description
Welcome to 2 Ottawa Street North, Cayuga a prime investment opportunity in the heart of Haldimand County. This charming two-storey brick duplex offers over 2,400 square feet of living space and is ideal for investors or owner-occupiers looking to generate rental income. The property features two fully self-contained units, each with 2 spacious bedrooms, 1 full bathroom, a dedicated kitchen, private entrance, and separate hydro meters, with laundry available in the main floor unit. Situated in the scenic riverside town of Cayuga, this home combines small-town charm with long-term growth potential. Cayuga offers a peaceful lifestyle, proximity to the Grand River, and convenient access to schools, shops, parks, and major routes, making it attractive to tenants and families alike. With a solid brick exterior, and a turnkey setup, 2 Ottawa Street N presents an exceptional opportunity to secure a versatile, income-generating property in a steadily growing community. With strategic updates and improvements, this property offers the potential to generate an impressive gross rental income of approximately $46,800 per year from both units. Even in its current condition, it has produced a solid $32,600 annually from the current tenants. The property will be vacant as of June 30th, 2025. This is a prime opportunity to unlock the property's full value and capitalize on a strong rental market through a smart renovation. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Main level 2.0652 m X 3.63 m Living room
Extra Room 2 Main level Measurements not available Bathroom
Extra Room 3 Main level 4.27 m X 3.17 m Dining room
Extra Room 4 Main level 3.99 m X 3.43 m Bedroom
Extra Room 5 Main level 5.18 m X 4.27 m Bedroom
Extra Room 6 Main level 3.81 m X 3.61 m Kitchen
Interior
Heating Radiant heat
Cooling Window air conditioner
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 1
Private Pool No
Building
Story 2