173 Queen Street, Stratford, Ontario N5A4N6 is For Sale and has a listing price of 1,550,000. The property is located in the Stratford neighbourhood. It's been on the website for 31 Days.
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:43137)
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
10/11/2024 | X9394012 | $1,550,000 | For Sale | - | - |