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220 Albert Street, Stratford, ON, N5A 3K6

MLS® # 40586738
Investment For Sale In Stratford, Ontario
$849,900
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
Virtual Tour
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
220 Albert Street, Stratford, ON
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ACTIVE
220 Albert Street, Stratford, ON, N5A 3K6
$849,900

Property Information:

This solid 2.5 story brick building with great appeal is housing three vacant residential units ( 3 brs, 2 brs and large one bedroom) and provides an opportunity to set up your own rents and choice of your own tenants as well as it does allow any necessary renovations or upgrades to increase the rental potential. Ample parking is a magnificent advantage, especially so close to City core. This feature can make your property more attractive to potential renters. With the units vacant, you can have the flexibility to adjust the rents to current market rates potentially increasing your revenue. You can also implement rental policies that will align with your management style and goals. Vacant units will allow you to analyze the local rental market to determine competitive rental rates and what features the tenants in the area value the most. This way you can implement a thorough tenant screening process to ensure you select reliable and responsible tenants. This property has a strong potential, especially with its solid construction and parking viability. With the right approach, it can be a profitable investment ensuring the rental income will cover your expenses and will provide a reasonable return on the investment. You will have time to decide if you will manage the property yourself or hire a professional property management company that can save time and ensure the property is maintained properly. and take steps to maximize the property potential. Separate water and hydro meters.Take advantage of this unique opportunity. Call your REALTOR® today to view it and to make an offer on it before it is gone.

Inclusions: Smoke Detector,All Appliances Included, All In As Is Condition. Water Softer Was Not Used In Years ( As Is). Three ( 3) Air Conditioner Units,

Exclusions : Excluded : Wall Unit In The Owner Suite

Building Features:

  • Floor Space: 2977 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Full, Unfinished
  • Cooling: Wall Unit(s)
  • Driveway Parking: Private Drive Double Wide
  • Exterior Features: Balcony, Landscape Lighting, Lighting, Privacy, Private Entrance, Separate Hydro Meters, Year Round Living
  • Fencing: Full
  • Floor Space (approx): 2977 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: Other
  • Lot Depth: 104.9 Feet
  • Lot Features: Business Centre, Dog Park, City Lot, Greenbelt, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, School Bus Route, Schools, Shopping Nearby
  • Lot Frontage: 52.90 Feet
  • Other Structures: Storage
  • Parking Features: Asphalt, Gravel
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s), Security System
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: R-3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 5

Courtesy of: RE/MAX a-b Realty Ltd (Stfd) 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

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 220 Albert Street, Stratford, ON, N5A 3K6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

51/100

High

ClimateCheck®

Current data

This property, 220 Albert Street , experiences 7 hot days per year at around 30.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34 degrees Celsius.

Projected Avg. Temperature

Past
30.5℃
2050
34℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

67/100

ClimateCheck®

Current data

This property, 220 Albert Street , experiences 11 significant 2-day storms per year, with about 337.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 414.7mm of precipitation per year.

Precipitation Per Storm

Past
337.2mm
2050
414.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 220 Albert Street, Stratford, ON, N5A 3K6

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$99,686.48

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.33 %

High school certificate or equivalent

26.27 %

Apprenticeship trade certificate/diploma

4.03 %

College/non-university certificate

23.86 %

University certificate (below bachelor)

1.2 %

University Degree

31.32 %

Commuter

Travel To Work

By Car

77.16 %

By Public Transit

0.0 %

By Walking

15.53 %

By Bicycle

1.39 %

By Other Methods

5.92 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.05 %

Houses

68.95 %

Own Vs. Rent

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