193 Norfolk Street, Stratford, Ontario N5A 3Z1

Listed for:

$5,900,000

35 beds

0 baths

Listed 450 days ago

Multi-Family for rent: 193 Norfolk Street, Stratford, Ontario N5A 3Z1

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Listing provided by:

RE/MAX A-B Realty Ltd

MLS® number:

X10779885

Agent:

Tristan Dundas

Phone:

(519) 275-7721

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About

Borden/Norfolk INVESTMENT OPPORTUNITY - If you're seeking to diversify or build your portfolio, seize this exceptional chance to acquire 33 residential units situated across three distinct buildings on a single property. The property, spanning approximately 1.4 acres, includes 193 Norfolk Street, 61 Borden Street, and 75 Borden Street. Adequate parking, totalling 45 spots, is available for all three structures. Each building comprises 11 residential units, comprising 31 one-bedroom units and 2 two-bedroom units, all currently occupied. Additionally, each building is equipped with coin-operated laundry facilities, extra storage spaces, and tenant lockers. Click on the virtual tour link, view the floor plans, photos, and layout and then call your REALTORÂ® to review more information and financials before you schedule your private viewing of this great opportunity! (id:27476)

Property Highlights

MLS® Number

X10779885

Type

Multi-family

Community Name

Stratford

Ownership Type

Freehold

Land Size

Bldg=246 x 290 FT

Parking Space Total

Building

Building Type

Multi-Family

Storeys

3.00

Square Footage

18117 sqft

Bedrooms Total

Amenities

Park

Exterior Finish

Concrete, Aluminum siding

Fireplace Present

Basement Type

None

Basement Features

Building Heating Type

Radiant heat

Heating Fuel

Natural gas

Building Cooling Type

None

Utilities

Water

Municipal water

Utility Sewer

Sanitary sewer

Location

+−

Leaflet

Summary

Conveniently located near amenities such as golf courses, parks, schools, and shopping, this property is an excellent investment opportunity. It is a freehold property with a total of 45 parking spaces available. The property consists of 33 residential units spread across three separate buildings on approximately 1.4 acres of land. These buildings are located at 193 Norfolk Street, 61 Borden Street, and 75 Borden Street, and each building contains 11 residential units, with a total of 31 one-bedroom units and 2 two-bedroom units, all of which are currently occupied.

In addition to the residential units, each building is equipped with coin-operated laundry facilities, extra storage spaces, and tenant lockers. Prospective buyers can view the floor plans, photos, and layout of the property through a virtual tour link before scheduling a private viewing. The property is currently for sale and offers a land size of 1.4 acres with amenities such as golf courses, parks, schools, and shopping nearby. It is located at 193 Norfolk Street in the city of Stratford, Ontario, with a postal code of N5A3Z1.

The property features a total of 34 bathrooms and 35 bedrooms, with a building exterior finish of aluminum siding, brick, and concrete. It is heated using natural gas and has a heating type of radiant heat. The property consists of three stories and presents an excellent opportunity for those looking to diversify or expand their real estate portfolio.

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