$1,199,999
For sale: Multiplex

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!
Sold data
Homes in Haldimand (Dunnville) took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 79, across 128 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $649,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 38% of sellers reduced their price before finding a buyer.
Based on 128 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Haldimand (Dunnville) has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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