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Haldimand,ON N0A 1E0
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
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
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
State ON
County Haldimand
Community Haldimand
Area Haldimand
Rooms
Family Room No
Basement Crawl Space
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Other
Cooling Window Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Right Of Way
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 58.0
Lot Depth 137.0
Total Parking Spaces 1
Building
Foundation Brick