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270 Ontario Street Stratford, Ontario N5A 3H5

9988

$3,350,000

Welcome to Your Next Investment Opportunity! This 9-plex in downtown Stratford is the perfect blend of location, versatility, and income potential. Located right on the main road into downtown Stratford, this property puts you at the heart of the city's exciting scene. Take a casual walk and you'll find yourself by the beautiful Avon River and the renowned Tom Patterson Theatre. It's the perfect spot for anyone looking to dive into urban living at its best! This mixed use 9-plex is composed of seven residential units, including three with two bedrooms and four with one bedroom. Three of these units were tastefully renovated in 2017, ensuring a modern and attractive living experience. The two additional commercial spaces open the door to a variety of business opportunities, from legal and medical offices to boutique shops and creative studios. Each unit features its own separate meters and laundry facilities, providing both tenants and landlord with enhanced convenience and privacy. Currently generating a gross income of $140,000 with the potential to reach over $180,000 at current market rates, this property offers a lucrative investment with room to grow! (id:20872)

Property Details

MLS® Number 40585398
Property Type Office
Amenities Near By Public Transit
Community Features High Traffic Area

Building

Basement Type Full
Exterior Finish Brick, Other
Foundation Type Poured Concrete
Stories Total 2
Size Exterior 9988.0000
Size Interior 9988
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Depth 144 Ft
Size Frontage 115 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3

https://www.realtor.ca/real-estate/26866119/270-ontario-street-stratford

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