ON
Stratford
N5A4N6
173 QUEEN STREET
173 QUEEN STREET, Stratford, ON N5A4N6
Listing Type
multi family
Listing Status
Off Market
0
$1,550,000

Home Details for 173 QUEEN STREET

Price
$1,550,000
Type
Multi-family
Bedrooms
0
Bathrooms
0.0
Square feet
4000
Lot size acres
47.8 x 119 FT
Parking
Days on site
63
Listing #
X9394012_27535421
Listing courtesy: EXP REALTY
Property 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:1184)

Property Features
  • Heating Information
    • Other
  • Fire Place
    • False
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Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY CONNECT, BROKERAGE
101-310 Main Street E, Milton, ON L9T 1P4
Office
289 627 7755
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