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173 QUEEN STREET, Stratford, Ontario, N5A 4N6

MLS® # X11892543
new listing
Investment For Sale In Stratford, Ontario
$1,499,000
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
173 Queen Street, Stratford, ON - Outdoor
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Home Insurance - TD Insurance
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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,499,000 property in Stratford

Provided by TD Insurance
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173 QUEEN STREET, Stratford, Ontario, N5A 4N6
$1,499,000

Property Information:

Welcome to this exceptional 7-unit investment opportunity with a 6.3% Cap Rate at entry! Situated in a quiet residential area of Stratford, it boasts an average rent of over $1,700 per unit. Recent turnover has been enhanced by minor cosmetic updates, increasing its appeal. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. Investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 10.6% cash-on-cash return in the first year. Don't miss your chance to seize this prime investment opportunity! (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Heating Type: Other
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Irregular: Yes
  • Lot Depth: 119.0 Feet
  • Lot Frontage: 47.8 Feet
  • Lot Size: 47.8 x 119 FT
  • Zoning: R3

Courtesy of: EXP REALTY

REALTOR.ca  

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Location of 173 QUEEN STREET, Stratford, Ontario, N5A 4N6

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: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 173 QUEEN 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 Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 173 QUEEN 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 173 QUEEN STREET, Stratford, Ontario, N5A 4N6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

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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