173 Queen St

Stratford | | N5A 4N6
  • 4000.0 sqft
  • 0 gar

Ask: $1,625,000 $1,550,000

Est. Mtg $5,255 /mo
  • Days on market

    43

  • Status

    A

Listing Broker EXP REALTY
Since listed: 2 views

Home details

MLS #:

X9394012

Property type:
Investment
Style:
Taxes:
$17,064
Possession:
TBD
Condo Fee:
Lot Size:
47.8 X 119.0
Zoning:
R3
Use:
Apts-6 To 12 Units
Heat:
Gas Forced Air Open

Description


173 Queen St, , Stratford, Ontario is a Investment property in Stratford and in the community in the N5A 4N6 postal code


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!.

Extras

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Payment calculator

$6677 monthly. In association with: TD Bank
%
  • Principal and Interest
    5255 /mo
  • Property Taxes
    $1421 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Marcus Le , Realtor

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