For Sale

$749,000

112 HURON STREET , Stratford, Ontario N5A5S6

6 Beds 4 Baths

Remarks

Welcome to 112 Huron Street a fully tenanted, well-maintained legal triplex located in the heart of Stratford.This solid brick property offers three self-contained units, each with private entrances, parking, and spacious layouts. The building features two 3-bedroom units and a bright 1-bedroom bachelor suite, generating over $58,000/year in gross rental income.Perfect for owner-occupiers seeking to offset mortgage costs live in one unit and let the others pay the bills an ideal strategy for entering todays challenging first-time buyer market. Investors will appreciate the turnkey nature, reliable tenants, and future upside potential.Tenants pay hydro; the landlord covers gas. Major upgrades in 2019 include three ductless A/C units, a new water softener, sump pit with pump, and extensive landscaping with over $21,000 invested in improvements.Zoned for multi-residential use and ideally located close to downtown, schools, and transit. Whether you're an investor or an end-user, 112 Huron Street is a smart move. (id:27)

Property Summary

  • Neighbourhood: Stratford
  • Lot Frontage: 41.5 Feet
  • Lot Depth: 132.0 Feet
  • Lot Size: 41.5 x 132 FT
  • No. of Parking Spaces: 5
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Bedrooms: 6
  • Bathrooms (Total): 4
  • Zoning: R2

Property Features:

  • Features:
    Sloping
  • Parking Type:
    No Garage
  • Property Type:
    Multi-family
  • Sewer:
    Septic System
  • Structure Type:
    Porch

Building Features:

  • Appliances:
    [] , Water meter
  • Building Type:
    Triplex
  • Cooling Type:
    Wall unit
  • Exterior Finish:
    Brick
  • Foundation Type:
    Stone
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Hot water radiator heat

Office Listing: 

Mark Thibeault - Sales Representative  ,  William Thibeault - Real Estate Agent  ,  Barb Hiller Thibeault - Broker of Record

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