$1,500,000

116 Downie Street

Stratford ON, N5A 1X1

Description

Fully leased, and completely renovated 5 unit building across from Avon Theatre close to major amenities including public transit. Formerly a restaurant, in 2015-16 this building was converted into a 3 units res; 2 unit comm building. Low maintenance and requires no capital improvements. High end finishes throughout entire building including 'hardie' board on back exterior, flooring and fixtures inside. 3 upscale apartments with s/s fridge, stove, dishwasher, individual furnaces & central a/c, on demand water heaters. Coin laundry room. 2 excellent commercial tenants have access to 2 shared public bathrooms. Front and rear entrances/exits. Everything up to code. 5% cap. Viewings will only be considered after acceptable offer. Do not approach tenants or enter building.

Details

MLS#40052061
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site38

Features

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Area Information
ProvinceON
CountyPerth
CityStratford
Postal CodeN5A 1X1
AreaStratford
Listing VS Median (in N5A 1X1)
Price:
$1,500,000
low | high
Med:
$1,500,000
50% of Average
On Site:
38
low | high
Med:
38
100% of Average
Listing Updated: January 23, 2021 8:00:40 PM PST
Matt Den Hollander LogoMLS Number: 40052061
Listing Provided By:
Matt Den Hollander  of  Realty Executives Platinum Limited (Exeter) Brokerage
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