$749,000
For sale: Multiplex

"Better than new" Multi-Unit Investment Opportunity- Fully Tenanted- Cash Flow Positive!!! Mixed-use Commercial/ Residential property in the heart of Hagersville- only 30 min to Hamilton, Brantford & Hwy 403, 60 min to Mississauga, approx 90 min to Toronto. Fully renovated (2016-2019) 2-storey brick/siding building featuring 2 leased main-level commercial/ office units and 2 leased upper-level residential apartments (one 2-bed, and one 1-bed units). Modern facade with excellent visibility and high pedestrian/vehicle traffic. Includes rare, 10 owned rear surface parking spaces, 4 furnaces, 4 A/C units, 4 water heaters, 4 security cameras, and Duro-Last roof. Extensive upgrades include electrical, plumbing, drywall, cabinetry, vanities, fixtures, and attic insulation. Over 7.2% Cap Rate- see additional information for chattels, fixtures, updates, floor plans & financials. Do NOT enter any units as all viewings must be by appointment only! Please allow 24-48 hrs for showings.
Sold data
Homes in Haldimand took a median of 34 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 86, across 120 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 67 days.
The median sale price was $622,350.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 34% of sellers reduced their price before finding a buyer.
Based on 120 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.
Currently for sale

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