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$5,700,000
Stratford
193 NORFOLK Street, Stratford, Ontario, N5A3Z1
This multi-family property in Stratford is for sale offering roughly 18,117 sq ft of space.
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:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 1017 days on market, against an average age of 104 days across the listings currently for sale in this city
This 35-bed multi-family in Stratford is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $5,700,000, about 74.0× the local median household income of $77,000.
Carrying it typically needs a household income of about $1,113,410 (20% down, 25-yr amortization, stress-tested) — roughly 1346% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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