This well-maintained 4-unit multi-residential property, located within walking distance to downtown offers solid income and long-term value. With two 3-bedroom, 1-bathroom and two 2-bedroom, 1-bathroom units there is plenty of space to attract good tenants and rent. Recent major updates include a new roof (approx. 2017), a gas furnace (approx. 2015), and replacement of about half the windows, including all in Apartment #1. Apartment #1 was fully renovated in 2024, and Apartment #2 was updated in 2021 with new flooring, kitchen, and several new windows including a sliding patio door. Each unit also features laundry hookups and two parking spaces. This turnkey investment offers dependable rental income, minimal maintenance needs, and is located in a strong rental market. A fantastic opportunity to expand your portfolio, contact your REALTOR today to arrange a viewing. |
Price | $1,200,000 |
Taxes: | $5990.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 34-38 Douro Stre , Stratford, N5A 3R3, Perth |
Postal Code: | N5A 3R3 |
Province/State: | Perth |
Legal Description: | LT 76 PL 75 STRATFORD ; STRATFORD |
Directions/Cross Streets: | Waterloo Street South/Nile Street |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - 2 To 5 Units |
Building Percentage: | T |
Total Area: | 4393.00 |
Total Area Code: | Square Feet |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Close |
Central Air Conditioning: | No |
Sewers: | Sanitary+Storm |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX A-B Realty Ltd |
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Type: | Com - Investment |
Area: | Perth |
Municipality: | Stratford |
Neighbourhood: | Stratford |
Tax: | $5,990 |
Fireplace: | N |