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$499,900
Strathroy-Caradoc
59 Maitland Terrace, Strathroy-Caradoc (SW), Ontario, N7G1L2
This multi-family property in Strathroy-Caradoc is for sale offering roughly 1,750 sq ft of space. It has been on the market 43 days, fresher than the Strathroy-Caradoc average of 51 days.
Fantastic investment opportunity in the heart of Strathroy! This well-maintained triplex at 59 Maitland Terrace offers three separate units, including a 2-bedroom and a 1-bedroom unit on the main floor, plus a spacious 2-bedroom upper unit. Each unit is equipped with its own fridge and stove, providing an ideal opportunity for investors looking to add a multi-unit property to their portfolio. The front and upper units have benefited from recent updates, while the rear main-floor unit could benefit from some improvement and personalization. Significant exterior and mechanical improvements include new windows (2020), siding, roof and balcony (2018), and a new furnace (2022).Ideally located just steps from downtown Strathroy, this property is close to shops, restaurants, parks, schools and the hospital, with convenient access to Highway 402. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 43 days on market, against an average age of 51 days across the listings currently for sale in this city
This 5-bed multi-family in Strathroy-Caradoc (SW) has been listed for 43 days, which is 8 days fresher than the city average of 51. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 5.9× the local median household income of $85,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7G)
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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.
