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$799,900
Stratford
74 Cobourg Street, Stratford, Ontario, N5A3E6
This multi-family property in Stratford is for sale.
A Prime Triplex Investment Opportunity blocks from the Heart of Downtown Stratford. Each of the three units have separate hydro and water meters and utilities are paid by tenants. Main Floor Unit (Renovated 2020): 1 Bedroom, 3-piece bath, upgraded flooring, fresh paint, and a modern kitchen with quartz countertops, living room and bonus or second bedroom and private deck. Second Floor Unit: 2 Bedrooms, bright sunroom, 4-piece bath, kitchen, and private entrance to front porch. Basement Unit (Rebuilt & Renovated 2018/2019): 1 Bedroom plus multipurpose room (bedroom/office/etc), quartz countertops in kitchen, newer washer & dryer, fridge, and stove (2022), walkout to the backyard and patio. Each suite is thoughtfully designed for privacy, and the entire property has been meticulously maintained. The condition of both the house and grounds reflects pride of ownership and stellar tenants. Situated in one of Stratford's most desirable neighbourhoods steps from theatres, shops, cafes, schools, parks, restaurants, public transit, and only minutes away from the hospital and major highways. Investment Properties in this location and condition are rarely available. Book a private showing today! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 285 days on market, against an average age of 103 days across the listings currently for sale in this city
This 4-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 $799,900, about 10.4× the local median household income of $77,000.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 103% 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.