For Sale: 172 Diltz Road, Cayuga, ON - REW
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$1,199,999
0 bd • ba • 1 sf • Multifamily
172 Diltz Road
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$1,199,999
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172 Diltz RoadCayuga, ON, N1A 2V8

  • 0 Bed
  • Bath
  • 1 Sqft
  • Multifamily

About this home

7-Plex Investment Opportunity on 1 Acre in Dunnville! Welcome to 172-176 Diltz Road, a rare and multi-residential property offering strong current income and outstanding future potential. This well-maintained asset features a standalone 2-bedroom bungalow-plus a separate 6-unit apartment building, with each unit consisting of a spacious 2-bedroom layout. Designed for efficient management, every unit includes separate hydro and gas meters, individual forced-air furnaces, and private hot water tanks, dramatically reducing operating costs and increasing tenant accountability. Significant capital improvements have already been completed, including newer windows, roofs, HVAC units, and hot water tanks, along with web-enabled security cameras for convenient remote monitoring. This property delivers a current cap rate of approximately 5.5%, with excellent potential to increase returns by adding laundry facilities and bringing below-market rents to current area levels. With ample parking, a large outdoor area for tenant enjoyment, and a full acre of land, this building offers both stability and long-term growth opportunities. Located in a quiet and convenient area close to schools, shopping, parks, and the Grand River, with easy access to major commuter routes. Rental demand in Dunnville remains strong, making this an ideal opportunity for investors seeking reliable income or for those looking to live in the bungalow while earning revenue from the additional six units. A rare chance to acquire a high-performing, low-maintenance multi-residential investment in a thriving community. Don't miss this exceptional opportunity! Small VTB possible to well qualified buyer. (id:63626)
Listed by: Mark Jonathan Richardson, Salesperson, EXP REALTY

Home facts and features

Price details
List Price
$1,199,999
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Gross Taxes for 2026
$6,103
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
117 ft x 0 ft (43647 ft²)
Depth
Frontage
117.0 feet
Heating Type
Baseboard heaters, Forced air, Natural gas
Agent details
Primary Agent
Primary Broker
EXP REALTY
Listing details
Days on REW
185 Days
Property Views
35
MLS® Number
X12595898
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

Fairview Avenue Public School
  • Public
  • JK - 8
St. Michael's School
  • Catholic
  • JK - 8
Thompson Creek Elementary School
  • Public
  • JK - 8
Dunnville Secondary School
  • Public
  • 9 - 12
Grandview Central Public School
  • Public
  • JK - 8
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Call Agent
Salesperson
Mark Richardson
Phone:
416-871-8330
Office:
866-530-7737
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