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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$999,900
Available - For Sale
Listing ID: X11999223
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.
Price $999,900
Taxes: $6,749.76
Assessment Year: 2024
Occupancy by: Tenant
Address: 514 Erie Stre , Stratford, N5A 2N6, Perth
Acreage: .50-1.99
Directions/Cross Streets: Between West Gore Street and Lorne Avenue
Rooms: 15
Rooms +: 6
Bedrooms: 7
Bedrooms +: 2
Washrooms: 8
Family Room: F
Basement: Unfinished
No. of Pieces Level
Washroom 1:  4
Washroom 2:  2
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Water: Artesian
Water Supply Types: Artesian Wel
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StreetCity Realty Inc.

514 Erie Stre , Stratford, N5A 2N6, Perth

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Multiplex
Area: Perth
Municipality: Stratford
Neighbourhood: Stratford
Style: 2-Storey
Lot Size: x 132.00(Feet)
Approximate Age: 100+
Tax: $6,749.76
Maintenance Fee: $0
Beds: 7+2
Baths: 8
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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