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173 Queen St

Queen St, Stratford, ON, N5A 4N6

-
Beds
-
Baths
4,000
Sq. Ft.
$1,499,000
List Price
Details
Photos
8
Comparables
History
173 Queen St, Stratford, ON - 1 of 3
173 Queen St, Stratford, ON - 2 of 3
173 Queen St, Stratford, ON - 3 of 3
New
12 days on market

Welcome to this exceptional 7-unit investment opportunity with a 6.3% Cap Rate at entry! Situated in a quiet residential area of Stratford, it boasts an average rent of over $1,700 per unit. Recent turnover has been enhanced by minor cosmetic updates, increasing its appeal. The building and mechanical systems have been meticulously... Show More

Welcome to this exceptional 7-unit investment opportunity with a 6.3% Cap Rate at entry! Situated in a quiet residential area of Stratford, it boasts an average rent of over $1,700 per unit. Recent turnover has been enhanced by minor cosmetic updates, increasing its appeal. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. Investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 10.6% cash-on-cash return in the first year. Don't miss your chance to seize this prime investment opportunity! (id:54626)

Property Details

Size

4,000 sq. ft.
0 Beds
0 Baths

Lot

Size
572′12″ * 1427′12″
Acres
-

Heating & Cooling

Heating
Other
Cooling
-

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X11892543
Last Updated
December 14, 2024
Brokerage
EXP REALTY
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Call us 800-591-0566

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