116 DOWNIE STREET, STRATFORD

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:24750)

Price $1,500,000
Address
116 Downie Street
Stratford, Ontario N5A1X1
Downie Street Stratford across from Fosters Inn
MLS Number
40052061
Property Type
Other

Features
Skylight
Laundry- coin operated
Ammenities Near By
Hospital
Place of worship
Playground
Public transit
Schools
Shopping

Listing provided by
Realty Executives Platinum Limited
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MATT DEN HOLLANDER
Broker of Record
Direct
519.872.6259
Office
Exeter
Office Phone
519.235.4949
Office Fax
519.235.3360

Building Features

Age
Historical
Appliances
Water Meter
Basement Development
Finished
Basement Type
Crawl Space (finished)
Construction Material
Wood Frame
Cooling Type
Central Air Conditioning
Exterior Finish
Wood, Hardboard
Fireplace Present
False
Fire Protection
Smoke Detectors
Flooring Type
Carpeted, Linoleum
Foundation Type
Unknown
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Exterior
5911.0000
Stories Total
3
Utility Water
Municipal Water

Land

Size Frontage
38 ft
Acreage
False
Amenities
Hospital, place of worship, playground, public transit, schools, shopping
Sewer
Municipal sewage system

Utilities

Type
Dsl*
Description
Available

Note: Location is geocoded off of address data and may not accurately represent the actual location of the property.