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$1,550,000
Available - For Sale
Listing ID: X9394012
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!
Price $1,550,000
Taxes: $17,063.59
Tax Type: Annual
Occupancy by: Tenant
Address: 173 Queen St , Stratford, N5A 4N6, Ontario
Postal Code: N5A 4N6
Province/State: Ontario
Legal Description: PT LT 105 PL 47 STRATFORD AS IN R341938
Lot Size: 47.8 x 119 (Feet)
Directions/Cross Streets: Queen St / Albert St
Zoning: R3
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 4,000
Total Area Code:  Sq Ft
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

173 Queen St , Stratford, N5A 4N6, Ontario


 
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Type: Com - Investment
Area: Perth
Municipality: Stratford
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Lot Size: 47.80 x 119.00(Feet)
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Tax: $17,063.59
Maintenance Fee: $0
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