$505,000
$519,900
2.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Ottawa ST N Haldimand, ON N0A 1E0
4 Beds
2 Baths
Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Haldimand
MLS Listing ID X12108826
Style 2-Storey
Bedrooms 4
Annual Tax Amount $1,247
Tax Year 2024
Property Sub-Type Duplex
Appx SqFt 2000-2500
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.
Location
Province ON
County Haldimand
Community Haldimand
Area Haldimand
Rooms
Family Room No
Kitchen 2
Interior
Cooling Window Unit(s)
Exterior
Parking Features Right Of Way
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Brick
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