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116 DOWNIE Street
Stratford ON N5A1X1 Canada

$1,500,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 40052061
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Freehold

$1,500,000real estate property listed by Realty Executives real estate property listing

Active Listing ID 40052061
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116 DOWNIE Street Fully leased, and completely renovated 5 unit building across from Avon Theatre close to major amenities including public transit. Formerly a restaurant, in 2015-16 this building was converted into a 3 units res; 2 unit comm building. Low maintenance and requires no capital improvements. High end finishes throughout entire building including 'hardie' board on back exterior, flooring and fixtures inside. 3 upscale apartments with s/s fridge, stove, dishwasher, individual furnaces & central a/c, on demand water heaters. Coin laundry room. 2 excellent commercial tenants have access to 2 shared public bathrooms. Front and rear entrances/exits. Everything up to code. 5% cap. Viewings will only be considered after acceptable offer. Do not approach tenants or enter building. (id:203)

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Property Features

  • Facts
  • Property Type: Other
  • Property Sub-type: Freehold
  • Land.Acreage: false
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Wood, Hardboard
  • Floor Covering: Carpeted, Linoleum
  • Heating Fuels: Natural gas
  • Heating Systems: Forced air
  • Features: Skylight, --- Laundry- Coin operated
Listing Changed: 12/17/2020 6:51:33 PM GMT
Source Updated Date: 1/15/2021 10:05:35 PM GMT

Courtesy of: Matt Den Hollander, Salesperson, Realty Executives Platinum Limited (Exeter) Brokerage

Listing Source - Canadian Real Estate Association

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The accuracy of all information, regardless of source, including but not limited to square footage and lot sizes, is deemed reliable but not guaranteed or warranted. All information should be independently verified through personal inspection by and/or with the appropriate professionals.