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!

Features
: Gas Forced Air Open
: N
Address Map
CA
Ontario
Stratford
N5A 4N6
Queen
173
0
E0° 0' 0''
N0° 0' 0''
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2024-12-13 17:57:12.0
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Investment For Sale

173 Queen St, Stratford, Ontario N5A 4N6

  • Area: 4,000 Sqft
  • Visits : 5 in 4 days
$1,499,000
Listing ID#X11892543
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : X11892543
Price : $1,499,000
Area : 4,000 Sqft
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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