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For Sale · Multifamily

213-215 MAPLE Street, Dunnville

213-215 MAPLE Street, Dunnville, ON N1A2G3

$499,900 total

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Asset Class

Multifamily

Size

—

Building class

A

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

86%

Year Built

1880

About this property

Ideal investment opportunity in the heart of Dunnville walking distance to all amenities and the Grand River. This legal side by side duplex features two separate units with 3 bedrooms, 1.5 bathrooms, main floor laundry, and their own backyard spaces. Each unit is separately metered and billed for water, gas, and hydro. At the rear of the property is a detached garage (new shingles 2026) and comfortable parking for 2 vehicles in the gravel driveway. Recent updates include new shingles (2023), fencing (2022) and a new garage shingles (2026). Unit 213 has also had its furnace (2023), water heater (2020), kitchen flooring (2022) and upstairs bathroom vanity (2025) replaced. In Unit 215, the stair carpeting was replaced in 2020. With one unit vacant and the other rented, you can move in and let the rental income help cover your mortgage, hold the property as an investment, or explore a multigenerational setup. Note: some photos have been virtually staged. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$17K

Annual cash flow

$-11K

Cash-on-cash

-7.39%

DSCR

0.60

Going-in cap

3.32%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

58,351

Households

20,472

Median income

$120,000

Median age

36.6

Daytime population

56,950

5-yr growth

3.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 213-215 MAPLE Street, Dunnville.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.