42-50 Stratford ST new

Stratford,ON N5A 1G8

$ 1200000

- Bed

- Bath

10710 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 10,710 sqft

Price per Sqft $112

Subdivision Stratford

MLS Listing ID X11952871

Annual Tax Amount $20,356

Tax Year 2024

Property Description

Centrally located 8-plex featuring 4 spacious one-bed and 4 well-appointed two-bed units. Recently upgraded with a brand-new roof (September 2024), boasting a 10-year workmanship warranty and a 50-year manufacturer warranty for peace of mind. Each unit is fully self-contained with its own furnace, hot water tank, and separate meters for gas, hydro, and water, making it a hassle-free investment where tenants pay all utilities. Tremendous potential for rental increases upon tenant turnover, with many units renovated in the past 5 years. 1 unit is currently vacant and ready for a new tenant, opportunity knocks!

Location

Province ON

County Perth

Community Stratford

Area Perth

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 96.18

Lot Depth 110.5

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