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Last Updated : 551 Days ago
367 Ontario St, Stratford, Ontario, 22 - Stratford

367 Ontario St, Stratford MLS Number: X8388346

22 - Stratford, Stratford, Perth, ON, N5A 3H7

$639,900

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $3250.00 (Tax Year:2024)
  • Listing Courtesy : Exp Realty

367 Ontario St Property Description

Rare LEGAL DUPLEX with great cash flow potential - with Immediate Vacant Possession! Separate Apartments: Each unit in this duplex is fully self-contained, featuring separate entrances, individual laundry facilities, and private living spaces. *Upper unit features 3 bedrooms with finished loft space and balcony, market rental rate $2400. Lower unit offers 2/3 Bedrooms or 2 + flex with backyard deck and shed storage, market rental rate $1800.* Approx 2750 sqft.Enjoy the privacy and independence of owning a home with the added benefit of rental income or *as a full rental income property*. Recently Renovated: The property boasts a beautifully renovated kitchen and bathroom, showcasing modern finishes and high-quality fixtures. The stylish upgrades add a touch of luxury and ensure a move-in ready experience for both units. Income Potential: Live in one unit and rent out the other to help pay your mortgage, or lease both units for maximum rental income. The self-contained nature of each apartment makes this property a versatile and lucrative investment. Ideal Location: Situated in a desirable neighborhood, this duplex is close to essential amenities, including shops, schools, public transit, and recreational facilities. The convenient location enhances the appeal for tenants and homeowners alike. Fantastic Opportunity: Whether you're starting your homeownership journey or looking to add a profitable asset to your investment portfolio, this charming duplex offers exceptional value and potential. The combination of modern updates, separate living spaces, and income-generating opportunities makes it a standout choice in the real estate market. Roof replaced (2020) Brick repointed (2023) Back deck rebuilt (2023) Lower unit kitchen redone (2024). Both units have been rented for the past 10 years with zero vacancy.

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367 Ontario St Property Facts

Property Type :Commercial
MLS Number :X8388346
Listing Type :Sale
Possession Date :
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Last Updated :01 Jun, 2024 (551 Days ago)
Source :TRREB
Area :Perth
Postal Code : N5A 3H7
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367 Ontario St Property Price & Tax Insights

Price : $639,900
Property Taxes :$3250.00
Tax Year :2024

367 Ontario St, Stratford Property Details

Cross Street :Ontario And Queen
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367 Ontario St, Stratford - Price History

2024-05

30 May, 2024

TREB #X8388346

Available

$639900.0

367 Ontario St - Location Map and Landmarks

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