This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

966 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

173 Queen St

7 Unit Apartment Building $1,045,277 USD ($149,325 USD/Unit) 6.30% Cap Rate Stratford, ON N5A 4N6

Apartment Buildings Ontario Stratford 173 Queen St, Stratford, ON N5A 4N6

Investment Highlights

  • Quiet Residential Area
  • 7 Unit multi family property
  • Well maintained building

Executive Summary

Welcome to this exceptional 7-unit investment opportunity with a 6.3% Cap Rate at entry! Situated in a quiet residential area of Stratford, it boasts an average rent of over $1,700 per unit. Recent turnover has been enhanced by minor cosmetic updates, increasing its appeal. The building and mechanical systems have been meticulously maintained, with annual fire prevention and compliance checks already completed. Investors can take advantage of lucrative purchase options through CMHC standard financing, with an estimated 10.6% cash-on-cash return in the first year. Don't miss your chance to seize this prime investment opportunity!

Property Facts

Price $1,045,277 USD Apartment Style Low Rise
Price Per Unit $149,325 USD Building Class C
Sale Type Investment Lot Size 0.14 AC
Cap Rate 6.30% Building Size 4,000 SF
No. Units 7 No. Stories 3
Property Type Multifamily Year Built 1950
Property Subtype Apartment
Price $1,045,277 USD
Price Per Unit $149,325 USD
Sale Type Investment
Cap Rate 6.30%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 4,000 SF
No. Stories 3
Year Built 1950

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector
1 of 1
Walk Score ®
Very Walkable (83)
Bike Score ®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code R3
R3
(866) 530-7737

Contact

  • Listing ID: 34344935

  • Date on Market: 1/2/2025

  • Last Updated:

  • Address: 173 Queen St, Stratford, ON N5A 4N6

1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/2

1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

173 Queen St
(866) 530-7737 x

173 Queen St

Andrew Odoardi

(866) 530-7737

(866) 530-7737

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link