$649,900
For sale: Detached

Excellent opportunity to get into the real estate market here at 27 Cayuga St. N, Cayuga. Real Estate Investors wanting to purchase a turn-key, fully occupied legal duplex generating $60,600 gross annual income - today is your lucky day! Includes an extensively recently renovated, from bottom to top, 2 storey building positioned proudly on 0.18 acre lot in the heart of downtown Cayuga - no car required for tenants, as all amenities this popular Grand River offers, are within walking distance - incs shops, eateries, Post Office, river parks, schools & churches. UNIT #1 - Main Floor apartment ftrs 9ft ceilings highlighted w/open concept living area & stylish white kitchen cabinetry sporting designer island, quartz countertops & SS appliances incs built-in dishwasher, primary bedroom enjoying 3pc en-suite, 4pc principal bath, 2 additional bedrooms, laundry facilities & patio door walk-out to rear deck & yard. UNIT #2 - 2nd Floor apartment enjoys side door entrance w/private enclosed staircase accessing open concept living area & modern white kitchen augmented w/SS appliances incs built-in dishwasher & quartz countertops, 3 large bedrooms, 4pc main bath & separate laundry station. Extras - new since 2023 - low maintenance vinyl flooring thru-out, n/g furnace/AC, windows, 100 amp electrical/plumbing/insulation/drywall & LED lighting - plus double paved driveway & quaint wrap around front/side porch. Buyer agrees to accept the current Tenants upon completion of this transaction. Cap Rate of "7" (approx). Relaxing 30/40 min commute to Hamilton, Brantford & Hwy 403 - 90/120 mins to GTA. Rare Maintenance Free Duplex Package!
Sold data
Detached homes in Haldimand 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 78, across 113 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.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 $695,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 36% of sellers reduced their price before finding a buyer.
Based on 113 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Haldimand has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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