173 Queen Street, Stratford, Ontario N5A4N6 is For Sale and has a listing price of 1,499,000. The property is located in the Stratford neighbourhood. It's been on the website for 6 Days.
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! (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 12/13/2024 | X11892543 | $1,499,000 | For Sale | - | - |
| 10/11/2024 | X9394012 | $1,550,000 | For Sale | - | - |
