173 QUEEN STREET Stratford

173 QUEEN STREET, Stratford, Ontario

$1,625,000

  • 4,000 Square Feet

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:23309)

  • Listing ID: X9394012
  • Property Type: Multi-family

Schedule a Tour

Schedule Private Tour

Karim Ellis would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Karim Ellis, who specializes in Stratford real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Karim Ellis find a property to match your lifestyle.

Details

  • Transaction: For sale
  • Zoning Description: R3

Building

  • Fireplace Present: False
  • Heating: Other
  • Heating Fuel: Natural gas
  • Size Interior: 4000 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Size Frontage: 47 ft ,9 in
  • Size Irregular: 47.8 x 119 FT
MLS®

Listing provided by EXP REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 173 QUEEN STREET in Stratford Ontario. It was last modified on October 12th, 2024. Contact Karim Ellis to schedule a viewing or to discover other Stratford real estate for sale.

Request More Information

Want more information or schedule a showing? Request more information with Karim Ellis, who specializes in Stratford properties.

Terms of Use Agreement

Terms of Use
This website is operated by Karim Ellis, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Karim Ellis, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Karim Ellis may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline