150 Heron Dr.
Stratford, Stratford, PE, C1B2X8
Listed by DH REAL ESTATE
$4,290,000
Listed 154 days ago · MLS® 202611588
About this home
Total Units: 18 Income-Generating Apartments - 14 × 2-Bedroom, 1-Bath - 4 × 2-Bedroom, 2-Bath Units start at 1,100+ sqft?larger than average for premium rents. Long-term tenants, low turnover, and high demand for rentals. Prime Stratford Location: Short distance to Stratford Gym Centre, Sobeys Extra, NoFrill, and Stratford elementary school. Building Features Modern Upgrades: - Stainless steel appliances & granite countertops - Oversized walk-out windows + private balconies - Heat pumps with A/C (individual controls in all units) Convenience & Comfort: - Elevator access - Exceptionally well-maintained?no major capital costs in recent years Investment Advantages Strong Cash Flow: Positive monthly returns with minimal expenses. Low-Risk, High Reward: Rare offering in a high-demand rental area. Tenant Stability: Proven history of reliable, long-term tenants. Low vacancy of all time. A Must-See Opportunity! Don?t wait?this turnkey investment won?t last long! Realtor is also a shareholder of the company. (id:66966)
Details
- Type
- Apartment
- Basement
- None
- Property tax
- $25,000 (2024)
- Neighbourhood
- Stratford
- Municipality
- Stratford
Interior
- Fireplace
- No
- Appliances
- Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
- Flooring
- Laminate
Heating, cooling and services
- Heating
- Baseboard heaters, Electric, Wall Mounted Heat Pump
- Water and sewer
- Municipal sewage system
Building and exterior
- Year built
- 2015
- Foundation
- Poured Concrete
- Outdoor
- Vinyl
Parking
- Driveway and parking
- Parking Space(s)
Location
Location is approximate. See nearby homes on the map
Listed by DH REAL ESTATE.
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