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$1,499,000
Status: For Sale
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!
| Property Type | :Commercial |
|---|---|
| MLS Number | :X11892543 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :24 Jan, 2025 (40 Days ago) |
| Source | :TRREB |
| Area | :Perth |
|---|---|
| Postal Code | :
N5A 4N6
|
| Price | : $1,499,000 |
|---|---|
| Property Taxes | :$17063.59 |
| Tax Year | :2023 |
|---|
| Cross Street | :Queen St / Albert St |
|---|
13 Dec, 2024
TREB #X11892543
Available
$1,499,000
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