116 DOWNIE STREET, Stratford

2025-01-07
 

Quick Summary

Location
116 DOWNIE STREET, Stratford, Ontario N5A1X1
Price
$1,400,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
4395ft2
Video Link:

MLS®#X11911865

Property Description

Excellent investment opportunity in downtown Stratford! Fully leased, and completely renovated 5 unit multiplex 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. 6% cap. Viewings will only be considered after acceptable offer. Please do not approach tenants or enter building. Seller would consider a share sale/selling the corporation that owns the building which could be advantageous to buyer and seller. Confidentiality Agreement required for additional info. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 4395 sqft
  • Utility Water: Municipal water

Land

  • Land Size: 38 FT ; Irregular
  • Sewer: Sanitary sewer

Zoning

  • Description: C3

Information entered by Royal LePage Heartland Realty
Listing information last updated on: 2025-01-07 21:57:59


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$500,000

Your One Percent Realty Commission savings

$500,000

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Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Learn more about the One Percent Realty Deal

 

Charlene Witt Broker

Phone:
(519) 271-2923
Email:
charwitt2000@yahoo.com
Support Area:
Stratford, St.Marys, Mitchell, Sebringville, Shakespeare, Perth County, Tavistock

 I was raised in the Stratford area (home of the Stratford Shakespearean Festival Theatre) and ...

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