$1,550,000
Available - For Sale
Listing ID: X9394012
173 Queen St , Stratford, N5A 4N6, Ontario
| 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! |
| Price | $1,550,000 |
| Taxes: | $17063.59 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 173 Queen St , Stratford, N5A 4N6, Ontario |
| Postal Code: | N5A 4N6 |
| Province/State: | Ontario |
| Legal Description: | PT LT 105 PL 47 STRATFORD AS IN R341938 |
| Lot Size: | 47.80 x 119.00 (Feet) |
| Directions/Cross Streets: | Queen St / Albert St |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 4000.00 |
| Total Area Code: | Sq Ft |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | N |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
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Dir:
416-828-2535
Bus:
647-462-9629
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Perth |
| Municipality: | Stratford |
| Lot Size: | 47.80 x 119.00(Feet) |
| Tax: | $17,063.59 |
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