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$1,198,000
Stratford
120 Hibernia Street, Stratford, Ontario, N5A5V4
This multi-family property in Stratford is for sale offering roughly 4,250 sq ft of space. It has been on the market 89 days, fresher than the Stratford average of 103 days.
Loaded with charm and character, this stately brick multiplex features many of the original details while being meticulously updated and maintained, both inside and out. Approx 5400 sq ftof total living space with 5 self-contained apartments, each with their own outdoor space, parking spot and separate hydro meter. Located in a beautiful family neighbourhood, walking distance to downtown shops and restaurants, the festival theatres, community pool and more! It's an ideal situation for an owner to live in one unit and generate substantial income from the others. The main floor unit is over 1300sq ft and offers large principal rooms, 2 bdrms, plus a sunroom, lovely front porch and rear exit to parking as well as indoor access to the basement laundry room. The 2nd floor has two apartments, a 2 bdrm and a 1+1, both with their own private balconies. The third floor features another lovely 2 bdrm apartment with a private balcony, and the basement has 1 bdrm unit with it's own patio area. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 89 days on market, against an average age of 103 days across the listings currently for sale in this city
This 8-bed multi-family in Stratford has been listed for 89 days, which is 14 days fresher than the city average of 103. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,198,000, about 15.6× the local median household income of $77,000.
Carrying it typically needs a household income of about $234,011 (20% down, 25-yr amortization, stress-tested) — roughly 204% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.