$1,500,000

116 Downie Street

Stratford ON, N5A 1X1

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Description

Fully leased, and completely renovated 5 unit building across from Avon Theatre close to major amenities including public transit. Formerly a restaurant, in 2015-16 this building was converted into a 3 units res; 2 unit comm building. Low maintenance and requires no capital improvements. High end finishes throughout entire building including 'hardie' board on back exterior, flooring and fixtures inside. 3 upscale apartments with s/s fridge, stove, dishwasher, individual furnaces & central a/c, on demand water heaters. Coin laundry room. 2 excellent commercial tenants have access to 2 shared public bathrooms. Front and rear entrances/exits. Everything up to code. 5% cap. Viewings will only be considered after acceptable offer. Do not approach tenants or enter building.

Details

MLS#40052061
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site38

Features

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Val Dalgetty-Rigthon

Val Dalgetty-Rigthon

3218443 (905) 961-0493Contact Me Form Link
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Area Information
ProvinceON
CountyPerth
CityStratford
Postal CodeN5A 1X1
AreaStratford
Listing VS Median (in N5A 1X1)
Price:
$1,500,000
low | high
Med:
$1,500,000
50% of Average
On Site:
38
low | high
Med:
37
100% of Average
Listing Updated: January 23, 2021 8:00:40 PM PST
Matt Den Hollander LogoMLS Number: 40052061
Listing Provided By:
Matt Den Hollander  of  Realty Executives Platinum Limited (Exeter) Brokerage
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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