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0190

MLS® X13539418

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $47,903
Days Active 19
Lot Size 0.37 Acres
Approx. Age 
MLS® Number X13539418

Property Address: 98 William St, Stratford, ON, N5A4Y1

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Opportunity! Well-maintained 18-unit apartment building in one of Stratford's most desirable residential rental locations. Situated in a quiet, mature neighbourhood surrounded by established homes and mature trees, the property offers the stable living environment long-term tenants value. Solidly constructed building featuring a passenger elevator servicing all floors, 12 underground parking spaces plus 8 surface parking spaces, on-site laundry, fibre optic internet, and a mix of one- and two-bedroom suites. Several suites have been updated with modern kitchens, bathrooms and flooring. All units feature updated patio doors. Exterior balconies were replaced in 2026, significantly reducing future capital expenditure requirements. Additional capital improvements include a roof replacement (2014), boiler (2017), and regularly maintained mechanical and elevator systems. The property offers stable occupancy, strong tenant retention and future rental upside as suites turn over. With the majority of major capital improvements complete, investors can focus on increasing net operating income rather than funding significant building repairs. Located within walking distance of downtown Stratford, shopping, restaurants, parks and the Stratford Festival. Apartment buildings of this size and quality offering an elevator, underground parking, an established residential setting and significant recent capital improvements rarely become available in Stratford. Comprehensive due diligence package, including financial statements, rent roll and supporting documentation, available to qualified purchasers. (id:58753)Show Description
MLS® NumberX13539418
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayUnderground
Garage Spaces
HeatHot water radiator heat, Natural gas
A/CNone

Extras

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  • Commute

Commute

Starting Address
Destination Address
98 William St, Stratford, ON
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