16 ALMA Street N, Haldimand

$649,900
16 ALMA Street N

$649,900

Price Change
7d
Detached2-Storey

16 ALMA Street N, Haldimand

Total Monthly Obligation $3,223

Beds
4
Baths
2
Park
6
Sqft
1500-2000
DOM
7d
Yield
5.0%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.1%
10Y IRR
13.4%
Property Type-Detached
MLS® Number-X14088730
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-56 × 132 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,719.45 (2025)
Parking-8 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS COMPLETE REALTY
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Haldimand
Title-Residential Freehold

No agent assigned

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 $4,200/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!

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Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,223/mo
Mortgage $2,622
Monthly Loss $2,533
Principal$690
Interest$1,932
Property Tax$227
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 16 ALMA Street N

Time

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