173 Queen Street, Stratford, ON N5A 4N6

  • $1,550,000
  • $1,625,000
173 Queen Street, Stratford, ON N5A 4N6
  • X9394012
  • MLS® Number
  • Investment, Commercial
  • Property Type
  • 4000
  • Sqft
Active For Sale
173 Queen Street, Stratford, ON N5A 4N6
173 Queen Street, Stratford, ON N5A 4N6
  • $1,550,000
  • $1,625,000

Description

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!

Details

MLS® Number
X9394012
Property Size
4000 Sqft
Updated on November 8, 2024 at 12:27 am

Additional details

  • Utilities: Available
  • Cooling: No
  • County: Perth
  • Property Type: Commercial Sale

Address

  • Address 173 Queen Street
  • City Stratford
  • State/county ON
  • Zip/Postal Code N5A 4N6
  • Country CA

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
  • Firas AL-Rifay