173 Queen St, Stratford MLS Number: X9394012
Stratford, Perth, ON, N5A 4N6$1,550,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $17063.59 (Tax Year:2023)
- Listing Courtesy : Exp Realty
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$1,550,000
Status: For Sale
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!
Property Type | :Commercial |
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MLS Number | :X9394012 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :07 Nov, 2024 (10 Days ago) |
Source | :TRREB |
Area | :Perth |
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Postal Code | : N5A 4N6 |
Price | : $1,550,000 |
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Property Taxes | :$17063.59 |
Tax Year | :2023 |
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Cross Street | :Queen St / Albert St |
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04 Nov, 2024
TREB #X9394012
Available
$1550000.0
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