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243 Alder Street W Dunnville, ON N1A 2W4
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Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Multi-4 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 2,924 sqft
Price per Sqft $170
MLS Listing ID 40765176
Sold Date 10/01/25
Bedrooms 3
Abv Grd Liv Area 3,564
Year Built 1915
Annual Tax Amount $2,909
Property Sub-Type Multi-4 Unit
Source Barrie
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
Area Dunnville
Zoning D A4B
Direction Alder Street West & Chruch Street
Rooms
Basement Full, Unfinished
Kitchen 0
Interior
Interior Features Separate Hydro Meters
Heating Natural Gas, Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry In-Suite
Exterior
Exterior Feature Landscaped, Private Entrance
Roof Type Asphalt Shing
Lot Frontage 40.0
Lot Depth 96.0
Garage No
Building
Lot Description Rectangular, Near Golf Course, Hospital, Marina, Park, Schools
Faces Alder Street West & Chruch Street
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 381170105
Ownership Freehold/None
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