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Stratford,ON N5A 3H7
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Stratford
MLS Listing ID X11954007
Style 2-Storey
Bedrooms 3
Annual Tax Amount $3,965
Tax Year 2024
Property Description
Triplex !!! Three ( 3 ) family residential complex -LEGAL apartment building. Letter confirming the legality and compliance with FIRE DEPARTMENT on file. Dreaming of owning an investment property but thought it was out of reach? Now is your chance! This centrally located triplex is perfect for a young landlord looking to build equity and generate steady rental income. With a little TLC, this property has incredible potential to increase in value and cash flow. Do not miss out on this rare opportunity to invest in the heart of the city. Start your real estate journey today. Building features two ( very much in demand) one-bedroom apartment units- approximately 400 sq. feet each (constructed in 2003) with full basement which is housing storage units for all units plus coin operated laundromat for the extra income. PROPERTY also includes original house approximately 816 sq feet with 1 bedroom, separate basement for storage. There are 4 separate hydro meters; 2 x one-bedroom apartments have ductless heat/ac units, original house ( needs renovation) -has gas heat and central air. Included are :3 fridges, 3 stoves, coined washer/dryer; water heaters ( one rental and two owned). Downtown location. The building is within the proximity to public transit, shopping, schools, parks, City Core, churches, restaurants, a few steps away from park, Lake Victoria and Renowned Stratford Theatre. Call your agent to view it today. This is an awesome investment property to start investing in real estate or to add to your existing portfolio.
Location
Province ON
County Perth
Community Stratford
Area Perth
Rooms
Family Room No
Basement Full,Unfinished
Kitchen 3
Interior
Interior Features Storage Area Lockers,Primary Bedroom - Main Floor,Separate Heating Controls,Sump Pump,Water Heater,Water Softener
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Year Round Living
Parking Features Private Triple
Garage Spaces 3.0
Pool None
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 32.4
Lot Depth 119.3
Total Parking Spaces 3
Building
Unit Features Arts Centre,Park,Place Of Worship,Rec./Commun.Centre,School,Public Transit
Foundation Poured Concrete