173 Queen Street, Stratford
- Living area: 4000 square feet
- Added: 10 days ago
- Updated: 5 days ago
- Last Checked: 19 hours ago
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:1945)
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Property Details
- Heating: Natural gas, Other
- Structure Type: Multi-Family
Interior Features
- Living Area: 4000
Exterior & Lot Features
- Water Source: Municipal water
- Lot Size Dimensions: 47.8 x 119 FT
Location & Community
- Directions: Queen St / Albert St
Business & Leasing Information
- Business Type: Residential
Tax & Legal Information
- Tax Annual Amount: 17063.59
- Zoning Description: R3
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