$869,000

Investment For Sale In Stratford, Ontario

$869,000

Property Information:

Welcome to 17 Laurier Street in Stratford! This exceptional up and down duplex presents an incredible investment opportunity. Boasting two units, each with 2 bedrooms and 1 bathroom, this property offers spacious and comfortable living spaces. The units are equipped with stainless steel appliances and convenient in-suite laundry facilities, ensuring modern convenience for tenants. Notably, each unit is individually metered for utilities, providing ease of management and cost efficiency. Additionally, both units feature their own forced air furnace, allowing for personalized temperature control. The lower unit has the added benefit of a recently renovated interior and a mini split system, ensuring optimal comfort during the summer months.The upstairs unit boasts a long-term tenant paying $1,450/month with a lease in place until November 30, 2025, providing stability and consistent rental income. The lower unit, with its recent renovation, is currently occupied by a tenant paying $2,200/month on a lease until May 31, 2024.One notable feature of this property is the high-quality steel Vicwest roof, which offers long-term durability and low maintenance. This ensures peace of mind for the owner and protection for the entire property.Don't miss out on this incredible opportunity to add a profitable, well-maintained duplex to your real estate portfolio. Schedule a viewing today and explore the potential of 17 Laurier Street!

Inclusions: Hot Water Tank Owned

Exclusions : Tenant Belongings

Building Features:

  • Floor Space: 1054 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Full, Finished
  • Built in: 2003
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open, Private Drive Double Wide
  • Floor Space (approx): 1054 Square Feet
  • Heating: Forced Air
  • Interior Features: Separate Heating Controls, Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Depth: 56 Feet
  • Lot Features: City Lot, Public Transit
  • Lot Frontage: 108.50 Feet
  • Roof: Metal
  • Water Source: Municipal
  • Zoning: R2-1
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 4

Courtesy of: Coldwell Banker Homefield Legacy Realty Brokerage

Data provided by: Huron Perth Association of REALTORS® Unit 5 - 55 Lorne Avenue East, Stratford, Ontario N5A 6S4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved