367 Ontario St, Stratford MLS Number: X8388346
22 - Stratford, Stratford, Perth, ON, N5A 3H7$639,900
Status: OFF MARKET
- Property Type: Commercial (Investment)
- Property Taxes : $3250.00 (Tax Year:2024)
- Listing Courtesy : Exp Realty
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$639,900
Status: OFF MARKET
Rare LEGAL DUPLEX with great cash flow potential - with Immediate Vacant Possession! Separate Apartments: Each unit in this duplex is fully self-contained, featuring separate entrances, individual laundry facilities, and private living spaces. *Upper unit features 3 bedrooms with finished loft space and balcony, market rental rate $2400. Lower unit offers 2/3 Bedrooms or 2 + flex with backyard deck and shed storage, market rental rate $1800.* Approx 2750 sqft.Enjoy the privacy and independence of owning a home with the added benefit of rental income or *as a full rental income property*. Recently Renovated: The property boasts a beautifully renovated kitchen and bathroom, showcasing modern finishes and high-quality fixtures. The stylish upgrades add a touch of luxury and ensure a move-in ready experience for both units. Income Potential: Live in one unit and rent out the other to help pay your mortgage, or lease both units for maximum rental income. The self-contained nature of each apartment makes this property a versatile and lucrative investment. Ideal Location: Situated in a desirable neighborhood, this duplex is close to essential amenities, including shops, schools, public transit, and recreational facilities. The convenient location enhances the appeal for tenants and homeowners alike. Fantastic Opportunity: Whether you're starting your homeownership journey or looking to add a profitable asset to your investment portfolio, this charming duplex offers exceptional value and potential. The combination of modern updates, separate living spaces, and income-generating opportunities makes it a standout choice in the real estate market. Roof replaced (2020) Brick repointed (2023) Back deck rebuilt (2023) Lower unit kitchen redone (2024). Both units have been rented for the past 10 years with zero vacancy.
Property Type | :Commercial |
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MLS Number | :X8388346 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :01 Jun, 2024 (200 Days ago) |
Source | :TRREB |
Area | :Perth |
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Postal Code | : N5A 3H7 |
Price | : $639,900 |
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Property Taxes | :$3250.00 |
Tax Year | :2024 |
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Cross Street | :Ontario And Queen |
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Virtual Tour | :Virtual Tour (External Link) |
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30 May, 2024
TREB #X8388346
Available
$639900.0