ON > Stratford > Stratford
Stratford, ON N5A 2N6,514 Erie ST
Stratford, ON N5A 2N6,514 Erie ST
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Craig Strachan

Craig Strachan

+1(705) 730-4892
$999,900
Est. payment /mo
7 Beds
8 Baths
0.5 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Stratford

MLS Listing ID X11999223

Style 2-Storey

Bedrooms 7

Building Age 100+

Annual Tax Amount $6,749

Tax Year 2024

Lot Size 0.500 Acres

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Perth

Community Stratford

Area Perth

Rooms

Family Room No

Basement Unfinished

Kitchen 6

Separate Den/Office 2

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Year Round Living

Pool None

Waterfront Description None

View City

Roof Type Asphalt Shingle

Topography Level

Lot Frontage 69.0

Lot Depth 132.0

Total Parking Spaces 6

Building

Foundation Other

Others

ParcelsYN No

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Listed by StreetCity Realty Inc.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(705) 730-4892

craig@bellwethergroup.ca

23 Clapperton St. L4M 3E4, Barrie, ON, Canada

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514 Erie ST