367 Ontario St, Stratford, Ontario N5A 3H7

  • $639,900
367 Ontario St, Stratford, Ontario N5A 3H7
Active
367 Ontario St, Stratford, Ontario N5A 3H7
  • $639,900

Overview

Property ID: X8388346
  • Commercial Sale, Business
  • Property Type
  • 2750
  • Sqft

Description

Rare LEGAL DUPLEX with great cash flow potential – with Immediate Vacant Possession! Separate Apartments: Each unit in this duplex is fully self-contained, featuring separate entrances, individual laundry facilities, and private living spaces. *Upper unit features 3 bedrooms with finished loft space and balcony, market rental rate $2400. Lower unit offers 2/3 Bedrooms or 2 + flex with backyard deck and shed storage, market rental rate $1800.* Approx 2750 sqft.Enjoy the privacy and independence of owning a home with the added benefit of rental income or *as a full rental income property*. Recently Renovated: The property boasts a beautifully renovated kitchen and bathroom, showcasing modern finishes and high-quality fixtures. The stylish upgrades add a touch of luxury and ensure a move-in ready experience for both units. Income Potential: Live in one unit and rent out the other to help pay your mortgage, or lease both units for maximum rental income. The self-contained nature of each apartment makes this property a versatile and lucrative investment. Ideal Location: Situated in a desirable neighborhood, this duplex is close to essential amenities, including shops, schools, public transit, and recreational facilities. The convenient location enhances the appeal for tenants and homeowners alike. Fantastic Opportunity: Whether you’re starting your homeownership journey or looking to add a profitable asset to your investment portfolio, this charming duplex offers exceptional value and potential. The combination of modern updates, separate living spaces, and income-generating opportunities makes it a standout choice in the real estate market. Roof replaced (2020) Brick repointed (2023) Back deck rebuilt (2023) Lower unit kitchen redone (2024). Both units have been rented for the past 10 years with zero vacancy.

  • Address 367 Ontario St
  • City Stratford
  • State/county Ontario
  • Zip/Postal Code N5A 3H7

Details

Updated on June 1, 2024 at 2:10 pm
  • Property ID: X8388346
  • Price: $639,900
  • Property Size: 2750 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Business
  • Property Status: Active
  • MLS#: X8388346

360° Virtual Tour

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
$
$
%
$
$
$

Contact Information

View Listings
elitenikhanda
  • elitenikhanda

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
elitenikhanda
  • elitenikhanda