108 Wellington Street
22 - Stratford Stratford N5A 2L5

$899,000
Residential Income beds: 3 baths: 3.0 built: 1890

Main Photo: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 1: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 2: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 3: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 4: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 5: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 6: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 7: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 8: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 9: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 10: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 11: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 12: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 13: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 14: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 15: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 16: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 17: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 18: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 19: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 20: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 21: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 22: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 23: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 24: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 25: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 26: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 27: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 28: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 29: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 30: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 31: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 32: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 33: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 34: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Photo 35: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
40504572
Bedrooms:
3
Bathrooms:
3
Year Built:
1890
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.
Property Type:
Residential Income
Property SubType:
Multi-5 Unit
Year built:
1890 (Age: 133)
Listing General Location:
22 - Stratford, Stratford
Bedrooms:
3
Bathrooms:
3.0 (Full:-/Half:-)
Lot Details:
0 x 96
Lot Depth:
0'
Lot Frontage:
96'
Frontage Type:
West
Kitchens:
0
County Or Parish:
Perth
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Brick Front, Vinyl Siding
Basement:
Partial, Partially Finished, Sump Pump
Foundation:
Stone
UFFI:
No
Roof:
Flat, Shingle
Year Roof Replaced:
2016
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
4,229 sq. ft.
Finished Area Above Grade:
3,905 sq. ft.
Finished Area Below Grade:
324 sq. ft.
Fireplace:
false
Laundry Features:
Other
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Baseboard, Forced Air, Natural Gas
Other
Instant Hot Water, Water Softener, Dryer, Refrigerator, Stove, Washer
Tenant Belongings
Separate Heating Controls, Separate Hydro Meters
Awning(s), Controlled Entry, Lighting, Private Entrance
false
No
Southwest Corner of Wellington & St. Patrick St
No
Carbon Monoxide Detector(s)
HST Applicable To Sale Price:
Yes
Association Fee 2 Frequency:
Monthly
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Insurance Expense:
$3,226
Expenses:
Actual
Snow Garbage Expense:
$1,198.93
Utilities Expense:
825.25
Net Income:
$77,982
Zoning:
C3
Accessibility:
Multiple Entrances, Parking
Exposure / Faces:
East
Lot Site Features:
Irregular Lot, Paved, Business Centre, City Lot, High Traffic Area, Hospital, Library, Public Parking, Public Transit, Schools, Shopping Nearby, Visual Exposure
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Parking:
Asphalt
# Of Total Parking Spaces:
4.0
# Of Open Parking Spaces:
4.0
Driveway Parking:
Private Drive Triple+ Wide
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
2
Num Penthouse Units:
0
Num Studio Units:
0
Num Occupied Units:
5
Total Units:
5
Listed Date:
Oct 24, 2023
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  • Photo 22: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
    Bunker Cafe - Main Floor
  • Photo 23: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
    Bunker Cafe - Basement
  • Photo 24: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
    Lucky Chance Tattoo - Main Level
  • Photo 25: 108 Wellington Street in Stratford: 22 - Stratford Multi-5 Unit for sale : MLS®# 40504572
    108 Apt 3 - Main Level
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    108 Apt 2 - Second Floor
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    108 Apt 1 - Second Floor
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Data was last updated December 2, 2023 at 03:50 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$950,000
Min list price:
$599,900
Max list price:
$3,250,000
Avg days on market:
38
Min days on market:
4
Max days on market:
290
Avg price per sq.ft.:
$399.78
These statistics are generated based on the current listing's property type and located in 22 - Stratford. Average values are derived using median calculations.
WAYNE JEWELL