$1,550,000
( )
$8,321 est/mo Sourced by Back At You173 Queen St , Stratford, ON N5A 4N6
Stratford, ON N5A 4N6
Description
Welcome to this exceptional 7-unit investment opportunity in Stratford, Ontario! Priced to attract savvy investors, this property offers an impressive 5.7% 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 7% cash-on-cash return in the first year! Don't miss your chance to seize this prime investment opportunity!
Details
| MLS# | X9394012 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 92 |
| Listing Provided By | EXP REALTY | Not Provided |
Features
| Zoning | R3 |
|---|
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Learn More About This Property
| State | ON |
|---|---|
| County | Stratford |
| City | Stratford |
| Zip Code | N5A 4N6 |
| Area | Perth |
| Listing VS Median (in N5A 4N6) | |
Price: $1,550,000 low | high Med: $0 On Site: 92 low | high Med: | |
Listing Updated: November 5, 2024 at 12:47:18 AM PST
