$749,000

Investment For Sale In Stratford, Ontario

$749,000

Property Information:

An incredible investment opportunity! This property has an upper and lower unit, each with separate entrances. Both units have 2 bedrooms, 1 full bathroom, a full kitchen, living room, and laundry; including washer and dryer. This is a great opportunity to be move in ready to one unit, and use the other as an opportunity to collect income to put towards a mortgage. The lower unit is currently set up and fully furnished to be a short term rental, and boasts the opportunity to continue as such with or without furnishings. This property has recently gone through a re-zoning process with the City of Stratford and is now successfully zoned as an R3-(12) property. There are drawings done for an additional 2 units to be added to the existing dwelling, if desired by the potential buyer. Lots of opportunity here! Book a showing with your REALTOR® today! Please note: in the event that MLS 40583392 sells before MLS 40583320, MLS 40583320 automatically is null & void.

Inclusions: Hot Water Tank Owned,Smoke Detector,Window Coverings,Upper Unit: Fridge, Stove, Dishwasher, Washer, Dryer, Custom Fit Blinds, Lights And Light Fixtureslower Unit: Fridge, Stove, Dishwasher, Washer, Dryer, Custom Fit Blinds, Lights And Light Fixtures

Exclusions : All Furniture In Both Units, Unless Otherwise Negotiated In The Listing Agreement; But Only Pertaining To Furnishings In The Lower Unit.

Building Features:

  • Floor Space: 881 Square Feet

Property Features:

  • Bedrooms: 4
  • Accessibility Features: Accessible Public Transit Nearby, Accessible Full Bath, Accessible Kitchen
  • Acres Range: < 0.5
  • Basement: Separate Entrance, Walk-Up Access, Full, Finished
  • Built in: 1957
  • Cooling: Central Air
  • Driveway Parking: Outside/Surface/Open, Private Drive Double Wide, RV / Truck Parking
  • Exterior Features: Lighting
  • Fencing: Fence - Partial
  • Floor Space (approx): 881 Square Feet
  • Heating: Forced Air
  • Laundry Features: In-Suite
  • Lot Depth: 132 Feet
  • Lot Features: Rectangular, Ample Parking, Business Centre, City Lot, Near Golf Course, Hospital, Park, Place of Worship, Playground Nearby, Public Transit, School Bus Route, Schools, Shopping Nearby, Trails
  • Lot Frontage: 66.00 Feet
  • Parking Features: Detached Garage, Asphalt, Exclusive
  • Roof: Asphalt Shing
  • Security Features: Smoke Detector
  • Water Source: Municipal
  • Water Treatment:
  • Window Features: Window Coverings
  • Zoning: R3-12
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 7

Courtesy of: Royal LePage Hiller Realty

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