173 QUEEN STREET

Stratford, Ontario, N5A4N6, Canada

$1,499,000

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!

Last updated on : Friday 13th of December 2024 06:36:38 PM

ADDRESS

Street : 173 QUEEN STREET

City : Stratford

Province : Ontario

Country : Canada

Postal Code : N5A4N6

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PROPERTY SUMMARY

Property ID : X11892543

Building Type : Multi-Family

Property Type : Multi-family

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