Selling

34-38 Douro Street, Stratford, ON N5A 3R3

$1,200,000

  • (0)
  • 12 Views
  • Sep 15, 2025
  • Stratford, Stratford

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Description
This well-maintained 4-unit multi-residential property, located within walking distance to downtown offers solid income and long-term value. With two 3-bedroom, 1-bathroom and two 2-bedroom, 1-bathroom units there is plenty of space to attract good tenants and rent. Recent major updates include a new roof (approx. 2017), a gas furnace (approx. 2015), and replacement of about half the windows, including all in Apartment #1. Apartment #1 was fully renovated in 2024, and Apartment #2 was updated in 2021 with new flooring, kitchen, and several new windows including a sliding patio door. Each unit also features laundry hookups and two parking spaces. This turnkey investment offers dependable rental income, minimal maintenance needs, and is located in a strong rental market. A fantastic opportunity to expand your portfolio, contact your REALTOR today to arrange a viewing.
Overview
Property ID: X12260878
Type: Investment
Square: 4,393 m²
Price: $1,200,000
PropertyType: Commercial
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: No
Heating: Gas Forced Air Closed
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 5990
PossessionDetails: Flexible
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