$577,500
$599,900
3.7%For more information regarding the value of a property, please contact us for a free consultation.
367 Ontario Street Stratford, ON N5A 3H7
5 Beds
2 Baths
1,618 SqFt
Key Details
Sold Price $577,500
Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,618 sqft
Price per Sqft $356
MLS Listing ID 40612241
Sold Date 06/27/24
Bedrooms 5
Abv Grd Liv Area 1,618
Originating Board Waterloo Region
Year Built 1910
Annual Tax Amount $3,214
Property Description
Introducing a rare find in today's market: an outstanding legal duplex, primed for investors and first-time homebuyers seeking mortgage support. This property offers immediate occupancy and spans approximately 2650 sqft of total living space, presenting an excellent investment opportunity. Each unit features private entrances and well-appointed living areas designed for comfort and privacy. The first unit boasts 2 bedrooms and 1 bath, while the second unit includes 3 bedrooms, 1 bath, and a versatile loft, perfect for flexible living arrangements. Recent upgrades enhance the property's appeal, with a newly updated kitchen in lower unit (2024) and newer bathroom (2020), along with a rebuilt back deck (2023), and roof replacement in 2020, ensuring a hassle-free experience for its new owner. Ideal for generating substantial rental income, both units appeal to live-in landlords and savvy investors alike. Additional highlights include a deck off the upper level and ample rear parking, maximizing convenience and functionality. Situated in a sought-after neighborhood, this duplex is conveniently located near essential amenities such as shops, schools, public transit, and recreational facilities. Don't miss out on this unparalleled opportunity!
Location
State ON
County Perth
Area Stratford
Zoning R3
Direction Ontario St.
Rooms
Basement Full, Partially Finished
Kitchen 0
Interior
Interior Features None
Heating Baseboard, Electric
Cooling None
Fireplace No
Appliance Refrigerator, Stove
Laundry In-Suite
Exterior
Waterfront No
Roof Type Asphalt Shing
Lot Frontage 32.4
Lot Depth 119.3
Garage No
Building
Lot Description City Lot, Highway Access, Open Spaces, Park, Place of Worship, Schools, Shopping Nearby
Faces Ontario St.
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water None
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 531200016
Ownership Freehold/None
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