Stratford, ON N5A4N6,173 QUEEN STREET
Stratford, ON N5A4N6,173 QUEEN STREET
Stratford, ON N5A4N6,173 QUEEN STREET
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$1,499,000
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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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Listed by EXP REALTY

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Mica Sadler

Partner | REALTOR®

+1(519) 589-3521

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173 QUEEN STREET