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Renanza Realty
For sale

16 ALMA Street N

Hagersville, Ontario

MLS® 40866825

$674,900

Status
Active
Property type
Multi-family
MLS® number
40866825
Bedrooms
4
Bathrooms
2
Year built
1890

Listing description

ATTENTION INVESTORS! LEGAL DUPLEX WITH EXCELLENT INCOME POTENTIAL! This beautifully updated legal duplex offers an exceptional opportunity for investors, first-time buyers, or those looking to live in one unit while generating rental income from the other.

Thoughtfully renovated and updated by the owners of Rustic & Reclaimed, this property combines character and charm with modern comfort and functionality. The main and upper units each feature separate entrances, separate hydro meters, in-suite laundry, spacious living areas, and generously sized bedrooms. Both units have been tastefully updated and meticulously maintained, creating comfortable, clean, and inviting spaces for tenants to call home.

The property also boasts three fantastic outbuildings, including an extra-large detached garage/workshop with hydro — ideal for storage, a workshop, hobbyist, or additional workspace — plus two large sheds providing plenty of additional storage. Currently tenanted, with both units generating a combined $2,100/month in rental income, providing an attractive opportunity to offset mortgage and carrying costs. Whether you're looking to expand your investment portfolio or occupy one unit and rent the other, this property offers excellent flexibility and potential.

Located close to all of Hagersville's amenities, including shopping, restaurants, library, recreation centre, parks, Hagersville Arena, and just steps from the Legion. A well-maintained, income-generating property with extensive updates, great outdoor storage, and a convenient location — don't miss this excellent investment opportunity!

Property summary

MLS® number
40866825
Property type
Multi-family
Building type
Duplex
Size
1,962 sq ft
Title
Freehold
Land size
0.148 acres
Built in
1890
Annual property taxes
$2,719.45
Parking
8 spaces · Detached Garage
Days on market
1 day

Features & details

Heating
Forced air, Natural gas
Cooling
None
Basement
Unfinished, Crawl space
Appliances
Microwave, Window Coverings, Garage door opener
Exterior features
Vinyl siding
Lot features
Crushed stone driveway, Automatic Garage Door Opener
Community features
Quiet Area, Community Centre

What would this home cost you?

Based on the $674,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,140 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Keller Williams Complete Realty, Hamilton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.