2 OTTAWA STREET N, Haldimand, Ontario

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. (id:52316)