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-173 Queen St (Queen St / Albert St)

Price : $1,625,000.00 , Status : Sale , MLS®# : X9394012

Kugeenthan Krishnamoorthy
Real Estate Agent
Description

Welcome to this exceptional 7-unit investment opportunity in Stratford, Ontario! Priced to attract savvy investors, this property offers an impressive 5.7% 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 7% cash-on-cash return in the first year! Don't miss your chance to seize this prime investment opportunity!

Highlights

Property Details
  • Community:
  • City: Stratford
  • Property Type: Commercial
  • Style: Investment()
  • Bath:
  • Garages: Single Detached ( Space)
Features
  • Heating: Gas Forced Air Open ,

Listing Contracted With: EXP REALTY