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$2,499,900
Available - For Sale
Listing ID: X12552592
In the heart of Stratford, 56 Albert St. presents a unique opportunity for investors, entrepreneurs, and anyone seeking a vibrant and dynamic environment. This thoughtfully adapted building offers a blend of residential units, Hotel/Inn space and flexible lower level commercial space, making it ideal for a variety of needs. For those seeking a comfortable and convenient property to add to their portfolio, 56Albert St. boasts eight finished 1-bedroom residential units, as well as 8 Hotel/Inn Units. Residents and patrons will enjoy the benefits of being close to the theatres, local shops, restaurants, and amenities, making this a perfect location for a theatre going getaway, students ,or young professionals. Entrepreneurs and businesses, on the other hand, can leverage the potential of the Lower level spacious commercial area. This area offers a flexible layout, allowing for customization to suit various needs, from retail ventures, restaurant or bar, or professional offices. Additionally, the high-traffic location guarantees optimal visibility and foot traffic, making it an ideal space to establish a thriving presence. Whether as a residential investment property or your ideal commercial space, with additional income generation in the upper levels 56 Albert St. provides a compelling opportunity; the potential for generating consistent income through rental units and Inn and commercial space makes this property an attractive investment option. The prime location offers easy access to transportation and major roadways. Contact your Realtor today to schedule a viewing and explore the possibilities that await you at 56Albert St.!
Price $2,499,900
Taxes: $45,000
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Partial
Address: 56 ALBERT Street , Stratford, N5A 3K3, Perth
Postal Code: N5A 3K3
Province/State: Perth
Legal Description: PT LT 208 PL 20 STRATFORD PTS 1 & 2, 44R
Directions/Cross Streets: Albert/Waterloo Streets
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 9,492
Total Area Code:  Square Feet
Area Influences: Public Transit  
Financial Statement: F
Chattels: T
Franchise: F
Hours Open: 0
Employees #: 0
Seats: 0
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

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Royal LePage Heartland Realty

56 ALBERT Street , Stratford, N5A 3K3, Perth


 
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Type: Com - Investment
Area: Perth
Municipality: Stratford
Neighbourhood: Stratford
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Lot Size: x 102.68(Feet)
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Tax: $45,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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