270 Ontario Street, Stratford
270 Ontario Street, Stratford
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16 Photos
- Living area: 9988 sqft
- MLS®: 40585398
- Type: Commercial
- Added: 12 days ago
Property Details
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:1945)
Property Information
- Sewer: Municipal sewage system
- List AOR: London and St. Thomas
- Stories: 2
- Basement: Full
- Directions: Ontario St and Front St
- Living Area: 9988
- Photos Count: 16
- Water Source: Municipal water
- Common Interest: Freehold
- Subdivision Name: 22 - Stratford
- Tax Annual Amount: 15543.91
- Exterior Features: Brick, Other
- Building Area Total: 9988
- Community Features: High Traffic Area
- Foundation Details: Poured Concrete
- Zoning Description: R3
- Map Coordinate Verified YN: true
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