108,106,104 Wellington Street in Stratford: 22 - Stratford Mixed Use for sale : MLS®# 40404276

Attention Investors! This is the perfect opportunity you have been searching for! Presenting a fantastic 5-unit mixed commercial and residential building located in the heart of Stratford. This property generates a lucrative income of $77,982 annually, and with zero vacancies, you can enjoy a steady stream of income without any interruptions. The building is comprised of (2) commercial and (3) residential units that are currently occupied by reliable and established renters who make on time payments. It is strategically situated near numerous amenities and offers easy access to everything downtown Stratford has to offer. This property is zoned C3, which allows for various uses, making it a versatile asset to own. Moreover, it comes with (4) parking spaces, making it convenient for tenants and customers alike. The building has been well-maintained, and several updates have been completed throughout the years. Don't miss this amazing opportunity to own this cash-producing asset. Contact your trusted REALTOR® today to book a showing and learn more about this incredible investment opportunity.

Additional Info:

Property Attached:: Semi Detached

Features:: Attached Garage: No, Garage: No, Common Elements Fee: No, New Construction: No

Construction:: Brick Front, Vinyl Siding

Basement:: Partial, Partially Finished, Sump Pump

Foundation:: Stone

UFFI:: No

Number of Storeys:: 2

Total Floor Area:: 3,905 sq. ft.362.786 m2

Fireplace:: false

Laundry Features:: Other

Water Supply:: Municipal-Metered

Water Treatment:: Water Softener

Sewer:: Sewer (Municipal)

Cooling:: Central Air, Window Unit(s)

Heating:: Baseboard, Forced Air, Natural Gas

Financial Info:

Assessment Roll Number:: 311105001009500

Assessment Year:: 2023

HST Applicable To Sale Price:: Yes

Association Fee 2 Frequency:: Monthly

Features:: Attached Garage: No, Garage: No, Common Elements Fee: No, New Construction: No

Insurance Expense:: $3,580.86

Expenses:: Actual

Utilities Expense:: 825.12

Condo Corporation:: No

Land Info:

Total Acres:: 5048

Utilities:: Cell Service, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Yes

Exposure / Faces:: East

Lot Site Features:: Urban, Irregular Lot, Paved, Business Centre, City Lot, High Traffic Area, Hospital, Library, Public Parking, Public Transit, Schools, Shopping Nearby, Visual Exposure