$1,399,000
11.23 BTC
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2047 Main Street, Haldimand
$1,399,000
PRICE
10
BEDROOMS
6
BATHROOMS
X11959149
MLSID

2047 Main Street, Haldimand

Prime Investment Opportunity Purpose-Built 6-Unit Apartment Building in Jarvis! An excellent multiplex investment offering steady rental income, with all six units currently tenanted. This well-maintained brick and concrete building with metal siding features four spacious two-bedroom units and two one-bedroom units, each separately hydro metered. The building has benefited from a series of updates over time, including improvements to the mechanical systems, windows, roofing, and exterior. These upgrades support long-term value and reduced maintenance needs. With a gross annual income of $115,880 and total expenses of $20,029, the property offers a strong 6.9% CAP rate. Additional features include ample parking and dedicated tenant storage lockers. Located in a growing community just 35 minutes from HWY 403/Hamilton, this property offers excellent long-term appreciation potential, along with the opportunity to bring rents in line with market value over time.
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Sold History

SOLD
14 July 2025
$1,300,000

Summary

Address
2047 Main Street
Community
MLSID
X11959149
Property Type
Multiplex
Property Category
Bedrooms
10
Bathrooms
6
Kitchens
6
Taxes (Annual)
$5,220.00
Tax Year
2024
Published
February 6, 2025
Days on Market
310 Days
Possession Type
Flexible
Possession Details
Tba
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Inclusions

Six Fridges, Six Stoves, All Electric Light Fixtures. Industrial Coin Operated Washer and Dryer. Exclude Any Tenants Property.

Exclusions

Any Tenants Property

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
4-Piece Lower Level
Basement
Finished
Interior Features
Separate Hydro Meter
Parking Spaces
10
Parking Total
10
Parking Features
Available
Architectural Style
2-Storey
Roof
Other
Construction Materials
Metal/Steel Siding
Lot Size
0
Lot Width
62 Feet
Lot Depth
130 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Radiant
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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