173 Queen Street, Stratford
- Living area: 4000 square feet
- Added: 41 days ago
- Updated: 13 days ago
- Last Checked: 7 hours ago
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:1945)
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Property DetailsKey information about 173 Queen Street
- Heating: Natural gas, Other
- Structure Type: Multi-Family
Interior FeaturesDiscover the interior design and amenities
- Living Area: 4000
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 173 Queen Street
- Water Source: Municipal water
- Lot Size Dimensions: 47.8 x 119 FT
Location & CommunityUnderstand the neighborhood and community
- Directions: Queen St / Albert St
Business & Leasing InformationCheck business and leasing options available at 173 Queen Street
- Business Type: Residential
Tax & Legal InformationGet tax and legal details applicable to 173 Queen Street
- Tax Annual Amount: 17063.59
- Zoning Description: R3
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Nearby Listings Stat
Active listings
76
Min Price
$1
Max Price
$5,900,000
Avg Price
$712,179
Days on Market
78 days
Sold listings
42
Min Sold Price
$225,000
Max Sold Price
$2,300,000
Avg Sold Price
$689,385
Days until Sold
53 days
