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$4,550,000
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Stratford
MLS® Listing ID 202508530
Originating Board Prince Edward Island Real Estate Association
Year Built 2014
Acres 0.65
Property Sub-Type Freehold
Property Description
Total Units: 19 Income-Generating Apartments - 14 × 2-Bedroom, 1-Bath - 4 × 2-Bedroom, 2-Bath - 1 × Additional Furnished 2-Bedroom, 1-Bath (Separate Unit) Units start at 1,100+ sqft?larger than average for premium rents. Long-term tenants, low turnover, and high demand for rentals. Prime Stratford Location: Short distance to Stratford Gym Centre, Sobeys Extra, NoFrill, and Stratford elementary school. Building Features Modern Upgrades: - Stainless steel appliances & granite countertops - Oversized walk-out windows + private balconies - Heat pumps with A/C (individual controls in all units) Convenience & Comfort: - Elevator access - Exceptionally well-maintained?no major capital costs in recent years Investment Advantages Strong Cash Flow: Positive monthly returns with minimal expenses. Low-Risk, High Reward: Rare offering in a high-demand rental area. Tenant Stability: Proven history of reliable, long-term tenants. Low vacancy of all time. A Must-See Opportunity! Don?t wait?this turnkey investment won?t last long! Realtor is also a shareholder of the company. (id:24570)
Location
Zoning Multi-Family
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, Wall Mounted Heat Pump,
Flooring Laminate
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Others
Ownership Freehold
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