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390 Church Street Stratford, Ontario N5A 2S1

5 Bedroom 2 Bathroom 2962
Central Air Conditioning Forced Air

$975,000

Unlock the potential for robust returns with this purpose-built duplex at 390 Church Street, Stratford, ON. Constructed in 2012, this investment gem is tailored for both convenience and profit. The main floor unit, currently rented to a top-tier tenant, features 2 bedrooms, 1 bathroom, and in-suite laundry, along with a dedicated furnace and central air, offering optimal rental appeal. Meanwhile, the upper unit is vacant, providing investors with the opportunity to set their own rent or making it an ideal owner-occupied unit. Upstairs, the 3-bedroom, 1-bathroom unit not only provides spacious living but also includes coveted in-suite laundry. The property showcases an impressive Vicwest roof for durability and aesthetic allure, ensuring minimal maintenance costs. The attached garage at the back adds practicality, serving as both storage and a potential additional income stream. Investors will appreciate the contemporary features, individual climate control, and the separation of utilities for each unit. The basement holds untapped development potential, presenting an opportunity to maximize returns. Strategically located on Church Street, this property is in proximity to amenities, schools, and transportation, enhancing its desirability for tenants. Note that the garage, while convenient, is not accessible for driving to, ensuring added privacy. Seize the opportunity to add a valuable asset to your portfolio with this modern duplex, offering the convenience of in-suite laundry in both units, the potential for an additional income stream from the garage, and the flexibility to set your own rent in the upper unit. Your path to lucrative real estate investment starts at 390 Church Street. (id:51300)

Property Details

MLS® Number 40521596
Property Type Multi-family
Amenities Near By Playground, Public Transit
Equipment Type Water Heater
Features Paved Driveway
Parking Space Total 4
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Total 5
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 2012
Cooling Type Central Air Conditioning
Exterior Finish Brick Veneer, Vinyl Siding, Steel
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 2
Size Interior 2962
Type Duplex
Utility Water Municipal Water

Parking

Attached Garage

Land

Acreage No
Land Amenities Playground, Public Transit
Sewer Municipal Sewage System
Size Depth 145 Ft
Size Frontage 45 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/26353838/390-church-street-stratford

Julien Polidoro
Broker

(226) 778-4017
(519) 284-4582
www.stmarysrealestate.ca/

Get in touch to find out more about this listing