270 Ontario Street, Stratford, Ontario N5A 3H5

Listed for:
$3,350,000
0 beds
0 baths
Listed 11 days ago
270 Ontario Street, Stratford, Ontario N5A 3H5

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Learn more about this property
Listing provided by:
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
MLS® number:
40585398
Agent:
Mohanad Alalul
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About

Ontario St and Front St Welcome to Your Next Investment Opportunity! This 9-plex in downtown Stratford is the perfect blend of location, versatility, and income potential. Located right on the main road into downtown Stratford, this property puts you at the heart of the city's exciting scene. Take a casual walk and you'll find yourself by the beautiful Avon River and the renowned Tom Patterson Theatre. It's the perfect spot for anyone looking to dive into urban living at its best! This mixed use 9-plex is composed of seven residential units, including three with two bedrooms and four with one bedroom. Three of these units were tastefully renovated in 2017, ensuring a modern and attractive living experience. The two additional commercial spaces open the door to a variety of business opportunities, from legal and medical offices to boutique shops and creative studios. Each unit features its own separate meters and laundry facilities, providing both tenants and landlord with enhanced convenience and privacy. Currently generating a gross income of $140,000 with the potential to reach over $180,000 at current market rates, this property offers a lucrative investment with room to grow! (id:27476)

Property Highlights

Type
Cooling type
Heating fuel
Fireplace
No
Construction material
Brick, Other
Parking space
Ownership Type
Freehold
Amenities nearby
Public Transit

Location