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173 Queen St

Queen St, Stratford, ON, N5A 4N6

-
Beds
-
Baths
4,000
Sq. Ft.
$1,550,000
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
41 days on market

Quick Summary

  • Exceptional 7-unit investment opportunity
  • Priced to attract savvy investors
  • Impressive 6% cap rate and upside
  • Quiet residential area, near downtown
  • Meticulously maintained building systems
  • Average rent over $1,700 per unit
  • Lucrative CMHC financing options
  • Estimated 8.8% first-year cash-on-cash return

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... Show More

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: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
X9394012
Last Updated
November 8, 2024
Brokerage
EXP REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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