Welcome to this exceptional 7-unit investment opportunity in Stratford, Ontario! Priced to attract savvy investors, this property offers an impressive 5.7% cap rate and potential for further upside. Situated in a quiet residential area, but within a short drive to downtown. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. With an average rent of over $1,700 per unit investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 7% cash-on-cash return in the first year! Don't miss your chance to seize this prime investment opportunity!
MLS# | X9394012 |
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Listing Type | For Sale |
Style | Other |
Sub-Type | Resale |
Status | Active |
Days On Site | 95 |
Listing Provided By | EXP REALTY | Not Provided |
Zoning | R3 |
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State | ON |
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County | Stratford |
City | Stratford |
Zip Code | N5A 4N6 |
Area | Perth |
Listing VS Median (in N5A 4N6) | |
Price: $1,550,000 low | high Med: $0 On Site: 95 low | high Med: |