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173 QUEEN STREET
Stratford Ontario N5A4N6 Canada

$1,550,000

Active Listing ID X9394012
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4,000 square feet
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Multi-family

$1,550,000

Active Listing ID X9394012
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173 QUEEN STREET 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:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Heating Systems: Natural gas, Other
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 11/8/2024 2:30:42 PM GMT
Source Updated Date: 11/21/2024 4:29:26 AM GMT

Courtesy of: ANDREW ODOARDI, Salesperson, EXP REALTY