$1,550,000
 $8,321 est/mo Sourced by Back At You

173 Queen Street , Stratford, ON N5A4N6

Stratford, ON N5A4N6

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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! (id:374)

Details

MLS#X9394012
Listing TypeFor Sale
StyleTown House
StatusActive
Days On Site29
Listing Provided ByEXP REALTY | ANDREW ODOARDI

Features

SQ Feet4,000
ZoningR3
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 CREA. All Rights Reserved.

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Listings Checked: 23 seconds ago
ProvinceON
CityStratford
Postal CodeN5A4N6
Listing VS Median (in N5A4N6)
Price:
$1,550,000
low | high
Med:
$1,550,000
50% of Average
SqFt:
4,000
low | high
Med:
4,000
50% of Average
$ / SqFt:
$388
low | high
Med:
$388
50% of Average
On Site:
29
low | high
Med:
29.000000
100% of Average
Sourced by Back At You
Listing Updated: November 8, 2024 at 6:40:24 AM PST