514 Erie Street, Stratford, Ontario N5A 2N6

Listed for:
$1,250,000
9 beds
8 baths
Listed 28 days ago
Other for rent: 514 Erie Street, Stratford, Ontario N5A 2N6

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Learn more about this property
Listing provided by:
StreetCity Realty Inc.
MLS® number:
X11999223
Agent:
Lauren Francis
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About

Between West Gore Street and Lorne Avenue EXCELLENT INVESTMENT OPPORTUNITY! Six-plex multi-family dwelling located in a good location on a city bus route and Highway #7 (to London). Largest front apartment is currently vacant so buyers can set their own rent or occupy unit themselves. Building was originally a single family home built in 1880 but was rebuilt in the eighties and an addition was added at rear which houses the four one-bedroom units. The front half of the roof was done in 2023, but the sellers are not aware of the age of the back half of the building. Boiler was replaced in 2024 but sellers have no knowledge of age of the furnace. The property was owned by their father's company. He is now deceased and his son and daughter are now the owners. There are six parking spaces, two on the northerly side of building and four on the southerly side. There is a common laundry area with coin-operated washer and dryer. The large front unit has its own laundry hook-ups but there is no washer or dryer included with this unit. All six units include a stove and refrigerator. There are four one-bedroom units with a four-piece bath, all located at the rear of the building in a more recent addition to the original building. There is a two-storey two-bedroom unit with one four-piece bath and one two-piece bath located at the northerly side and a two-storey three-bedroom unit with one four-piece bath and one-two-piece bath located at the front. The side and front units also have basement access and are partially finished. The two larger units are located in the original home but have been updated. Please note that the square footages set out in this listing are an estimate as the sellers have no plans setting out exact measurements. (id:27476)

Property Highlights

MLS® Number
X11999223
Type
Multi-family
Community Name
Stratford
Land Size
69 x 132 FT|1/2 - 1.99 acres
Parking Space Total
6

Building

Building Type
Other
Storeys
2.00
Square Footage
3499.9705 - 4999.958 sqft
Bathrooms Total
8
Bedrooms Above Ground
7
Bedrooms Total
9
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type

Utilities

Water
Municipal water, Artesian Well
Utility Sewer
Sanitary sewer

Location

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