$ 1,625,000
173 QUEEN STREET Stratford, ON N5A4N6
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,625,000
Est. payment /mo
New
173 QUEEN STREET Stratford, ON N5A4N6
4,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $406
MLS® Listing ID X9394012
Originating Board Toronto Regional Real Estate Board
Property Description
Welcome to this exceptional 7-unit investment opportunity in Stratford, Ontario! Priced to attract savvy investors, this property offers an impressive 5.7% 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 7% cash-on-cash return in the first year! Don't miss your chance to seize this prime investment opportunity! (id:24570)
Location
Province ON
Interior
Heating Other
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Listed by EXP REALTY