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Last Updated : 655 Days ago
173 Queen St, Stratford, Ontario,

173 Queen St, Stratford MLS Number: X11892543

Stratford, Perth, ON, N5A 4N6

$1,499,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $17063.59 (Tax Year:2023)
  • Listing Courtesy : Exp Realty

173 Queen St Property Description

Welcome to this exceptional 7-unit investment opportunity with a 6.3% Cap Rate at entry! Situated in a quiet residential area of Stratford, it boasts an average rent of over $1,700 per unit. Recent turnover has been enhanced by minor cosmetic updates, increasing its appeal. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. Investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 10.6% cash-on-cash return in the first year. Don't miss your chance to seize this prime investment opportunity!

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173 Queen St Property Facts

Property Type :Commercial
MLS Number :X11892543
Listing Type :Sale
Possession Date :
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Last Updated :24 Jan, 2025 (655 Days ago)
Source :TRREB
Area :Perth
Postal Code : N5A 4N6
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173 Queen St Property Price & Tax Insights

Price : $1,499,000
Property Taxes :$17063.59
Tax Year :2023

173 Queen St, Stratford Property Details

Cross Street :Queen St / Albert St

173 Queen St, Stratford - Price History

2024-12

13 Dec, 2024

TREB #X11892543

Available

$1499000.0

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173 Queen St - Location Map and Landmarks

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