Royal LePage Don Hamilton Real Estate Brokerage
173 Queen Street Stratford, Ontario N5A 4N6
$1,550,000
Welcome to this exceptional 7-unit investment opportunity in Stratford, Ontario! Priced to attract savvy investors, this property offers an impressive 6% cap rate and potential for further upside. Situated in a quiet residential area, but within a short drive to downtown. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. With an average rent of over $1,700 per unit investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 8.8% cash-on-cash return in the first year! Don't miss your chance to seize this prime investment opportunity! (id:51300)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | X9394012 |
| Property Type | Multi-family |
Building
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 4000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 119 Ft |
| SizeFrontage | 47 Ft ,9 In |
| SizeIrregular | 47.8 X 119 Ft |
| SizeTotalText | 47.8 X 119 Ft |
| ZoningDescription | R3 |
https://www.realtor.ca/real-estate/27535421/173-queen-street-stratford
Andrew Odoardi
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 08 2024 02:22:57
Toronto Real Estate Board
Exp Realty