$500,000
$500,000
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243 Alder ST W Haldimand, ON N1A 1R3
7 Beds
4 Baths
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Dunnville
MLS Listing ID X12377200
Sold Date 09/08/25
Style 2-Storey
Bedrooms 7
Building Age 100+
Annual Tax Amount $2,909
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Well-maintained brick legal 4-plex investment corner lot property featuring three spacious 2-bedroom units and one 1-bedroom unit. Current leases on three units generate a solid 6% cap rate, with additional upside once the vacant 2-bedroom unit is leased. Each apartment offers two private entrances and separate hydro meters. The property is attractively landscaped and situated in a quiet, desirable neighborhood.
Location
Province ON
County Haldimand
Community Dunnville
Area Haldimand
Zoning D A4B
Rooms
Family Room Yes
Basement Full, Unfinished
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Cooling None
Exterior
Exterior Feature Landscaped, Privacy
Parking Features None
Pool None
View City
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 96.0
Building
Foundation Concrete
Others
Senior Community No
Security Features None
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