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$1,499,000
Est. payment /mo
4,000 SqFt
New
173 QUEEN STREET Stratford, ON N5A4N6
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $374
MLS® Listing ID X11892543
Originating Board Toronto Regional Real Estate Board
Property Description
Welcome to this exceptional 7-unit investment opportunity with a 6.3% Cap Rate at entry! Situated in a quiet residential area of Stratford, it boasts an average rent of over $1,700 per unit. Recent turnover has been enhanced by minor cosmetic updates, increasing its appeal. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. Investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 10.6% 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
Parking Features No
View Y/N No
Private Pool No
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