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$975,000

Stratford ON, N5A 1E7

MLS® # X12517818

Property Information:

Introducing 38 Cobourg Lane, Stratford - a 4 yr old duplex offering style, comfort, and exceptional income potential. Generating $5,100 per month in rent, this purpose-built property delivers modern design and solid returns. Forget dated conversions - enjoy vinyl plank flooring, stone countertops, open-concept kitchens with large islands, ensuite bedrooms, full baths, walk-in showers, pot lighting, and generous walk-in closets. Each unit includes new appliances, full laundry rooms, private entrances, porches, and dedicated parking. With no condo or common fees, you maintain full control over rental rates. All this just steps from Stratford's charming downtown core.Don't miss this one - contact your REALTOR today! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: None
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 2500 - 3000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Microwave, Hood Fan, Two stoves

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 4
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 69.1 Feet
  • Lot Frontage: 93.8 Feet
  • Lot Size: 93.9 x 69.1 FT
  • Utility Type: Sewer - Installed, Hydro - Installed
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Dining 2nd Level 4.66 m x 2.77 m
  • Living 2nd Level 6.71 m x 3.70 m
  • Kitchen 2nd Level 3.50 m x 2.78 m
  • Bathroom 2nd Level 3.02 m x 1.64 m
  • Primary Bedroom 2nd Level 4.30 m x 4.15 m
  • Bathroom 2nd Level 2.99 m x 2.00 m
  • Utility 2nd Level 3.17 m x 2.83 m
  • Bedroom 2nd Level 4.27 m x 2.61 m
  • Bedroom 2nd Level 3.07 m x 2.61 m
  • Foyer Main Level 1.86 m x 1.83 m
  • Foyer Main Level 2.51 m x 3.71 m
  • Bedroom Main Level 3.14 m x 3.36 m
  • Bathroom Main Level 2.34 m x 2.33 m
  • Bedroom Main Level 3.39 m x 3.02 m
  • Dining Main Level 3.11 m x 6.48 m
  • Kitchen Main Level 5.12 m x 2.81 m
  • Living Main Level 5.12 m x 3.66 m
  • Primary Bedroom Main Level 4.88 m x 3.82 m
  • Bathroom Main Level 2.41 m x 1.77 m
  • Utility Main Level 2.41 m x 2.66 m

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Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 38 COBOURG LANE, Stratford, Ontario, N5A 1E7

Demographic Information of 38 COBOURG LANE, Stratford, Ontario, N5A 1E7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$105,683.77

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.59 %

High school certificate or equivalent

32.47 %

Apprenticeship trade certificate/diploma

4.93 %

College/non-university certificate

20.04 %

University certificate (below bachelor)

1.11 %

University Degree

20.86 %

Commuter

Travel To Work

By Car

80.9 %

By Public Transit

0.64 %

By Walking

10.68 %

By Bicycle

4.05 %

By Other Methods

3.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.93 %

Houses

77.07 %

Own Vs. Rent