193 Norfolk Street, Stratford

193 Norfolk Street, Stratford, ON N5A3Z1 Photo 1

30 Photos

193 Norfolk Street, Stratford, ON N5A3Z1 Photo 2
193 Norfolk Street, Stratford, ON N5A3Z1 Photo 3
193 Norfolk Street, Stratford, ON N5A3Z1 Photo 4
193 Norfolk Street, Stratford, ON N5A3Z1 Photo 5
193 Norfolk Street, Stratford, ON N5A3Z1 Photo 6
193 Norfolk Street, Stratford, ON N5A3Z1 Photo 7
  • Bedrooms: 35
  • Bathrooms: 34
  • Living area: 18117 sqft
  • MLS®: 40529563
  • Type: Townhouse
  • Added: 109 days ago

Property Details

INVESTMENT OPPORTUNITY - If you're seeking to diversify or build your portfolio, seize this exceptional chance to acquire 33 residential units situated across three distinct buildings on a single property. The property, spanning approximately 1.4 acres, includes 193 Norfolk Street, 61 Borden Street, and 75 Borden Street. Adequate parking, totalling 45 spots, is available for all three structures. Each building comprises 11 residential units, comprising 31 one-bedroom units and 2 two-bedroom units, all currently occupied. Additionally, each building is equipped with coin-operated laundry facilities, extra storage spaces, and tenant lockers. Click on the virtual tour link, view the floor plans, photos, and layout and then call your REALTOR® to review more information and financials before you schedule your private viewing of this great opportunity! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: None
  • Heating: Radiant heat, Natural gas
  • Stories: 3
  • Basement: None
  • Year Built: 1970
  • Directions: From Ontario Street/Highway 8, turn South onto Romeo Street, turn West onto Norfolk Street. Property on the SouthEast corner of Norfolk Street and Borden Street.
  • Living Area: 18117
  • Lot Features: Paved driveway, Laundry- Coin operated
  • Photos Count: 30
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parking Total: 45
  • Bedrooms Total: 35
  • Common Interest: Freehold
  • Subdivision Name: 22 - Stratford
  • Tax Annual Amount: 71630
  • Exterior Features: Concrete, Brick, Aluminum siding
  • Community Features: School Bus
  • Foundation Details: Poured Concrete
  • Lot Size Dimensions: 1.4
  • Zoning Description: R5(1)
  • Number Of Units Total: 33
  • Construction Materials: Concrete block, Concrete Walls
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Nearby Places

Name Type Address Distance
National Stadium (baseball) It was one of a few ballparks in the Intercounty L... 0.3 km
Stratford, Ontario It is the seat of Perth County... 0.7 km
Stratford railway station (Ontario) The station building is wheelchair accessible... 0.8 km
CJCS The station, known as "10AK" began broadcasting in... 0.8 km
Jeanne Sauvé Catholic School It is part of the Huron-Perth Catholic District Sc... 1.3 km
Waterloo Stratford Campus University 125 St Patrick St 1.4 km
University of Waterloo Stratford Campus Founded in June 2009, the University of Waterloo S... 1.4 km
The Church Restaurant Restaurant 70 Brunswick St 1.4 km
Foster's Inn Bar 111 Downie St 1.4 km
Avon Theatre Establishment 99 Downie Street 1.5 km
Raja Fine Indian Cuisine Restaurant 10 George St W 1.5 km
Molly Blooms Irish Pub Restaurant 26 Brunswick St 1.5 km
193 Norfolk Street mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 193 Norfolk Street. The current price of the property is $6,050,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $4,840,000. This would result in a monthly mortgage payment of $28,291 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 15
Certificate of Qualification 15
College 65
University degree at bachelor level or above 35

Neighbourhood Marital Status Stat

Married 190
Widowed 25
Divorced 65
Separated 50
Never married 175
Living common law 75
Married or living common law 270
Not married and not living common law 315

Neighbourhood Construction Date

1961 to 1980 120
1981 to 1990 40
1991 to 2000 35
1960 or before 130
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