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:
Commercial Sale
Property SubType:
Mixed, Building and Land
Year built:
1890
(Age: 133)
Listing General Location:
22 - Stratford, Stratford
Bedrooms:
3
Bathrooms:
-
(Full:-/Half:-)
Washrooms:
6
Lot Details:
0 x 96
Lot Depth:
0'0 m
Lot Frontage:
96'29.261 m
Frontage Type:
West
Kitchens:
0
County Or Parish:
Perth
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Construction:
Brick Front, Vinyl Siding
Basement:
Partial
Foundation:
Stone
UFFI:
No
Number of Storeys:
2
Total Floor Area:
3,905 sq. ft.362.786 m2
Fireplace:
false
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Refrigerator, Stove
Tenant Belongings
High Speed Internet
false
No
Southwest Corner of Wellington & St. Patrick St
No
Association Fee 2 Frequency:
Monthly
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Insurance Expense:
$3,580.86
Expenses:
Actual
Utilities Expense:
825.12
Zoning:
C3
Total Acres:
5048
Utilities:
Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights
Exposure / Faces:
East
Lot Site Features:
Irregular Lot, Business Centre, City Lot, High Traffic Area, Hospital, Public Transit, Schools, Visual Exposure
Features:
Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
Data was last updated December 2, 2023 at 03:50 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,019,000
Min list price:
$599,900
Max list price:
$7,520,000
Avg days on market:
55
Min days on market:
11
Max days on market:
277
Avg price per sq.ft.:
$360.15
These statistics are generated based on the current listing's property type
and located in
22 - Stratford. Average values are
derived using median calculations.