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Est. payment | /mo
4 Beds
3 Baths
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Est. payment | /mo
4 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Stratford
MLS Listing ID X13426542
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $4,182
Tax Year 2025
Property Sub-Type Duplex
Property Description
Turnkey, well-maintained, bright, clean, duplex investment opportunity in a quiet, sought-after Stratford neighbourhood with excellent tenants. Fully leased with current gross annual rental income of $40,800, $3,400 monthly with NOI of ~ $32,100.The lower unit features 1 bedroom, 2 bathrooms, private laundry, and exclusive use of the basement. The upper unit offers 2 bedrooms, 1 bathroom, private laundry, and exclusive use of the finished attic. Both units have been well-maintained over the years and have benefited from thoughtful updates, including renovated kitchens. Tenants pay their own hydro (separately metered 2x100A) and water, while the landlord pays the heat. Additional features include a large backyard, potential for an ADU, storage shed, parking for up to 5 vehicles, two water heaters, and ample storage space. A rare opportunity to acquire a fully leased income property with strong in-place rents, reliable long-term tenants, and attractive investment fundamentals close to schools, parks, downtown amenities, and public transit. Contact your realtor for more details and virtual tour. Roof and balcony completed in 2018; back porch completed in 2024
Location
Province ON
County Perth
Area Perth
Zoning R2-2
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Separate Den/Office 1
Interior
Interior Features Accessory Apartment
Cooling None
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 118.25
Total Parking Spaces 5
Building
Building Age 100+
Foundation Concrete
Others
Senior Community No
ParcelsYN Yes
Listed by Home and Company Real Estate Corp Brokerage
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