Matt Francis
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- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X12214848
- Bus Major:
- Apts - 2 To 5 Units
- Photos (27)
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Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $100,200 in annual income, plus a ground-floor commercial space. Current CAP rate of 6.3%. Ability for further development potential, including a two-car garage with a residential unit above. A modern, low-maintenance asset with strong income and long-term upside.
- Percent of Building:
- 100
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Approx. Age:
- 0-5
- Total Area:
- 4735 sq. ft. Square Feet
- Total Area:
- 4,735 sq. ft.
- Retail Area:
- 601 sq. ft. Sq Ft
- Depth:
- 127'1"
- Frontage:
- 103'8"
- Water supply:
- Municipal
- Zoning:
- C1
- Heating type:
- Gas Forced Air Open
- Garage:
- None
- Parking Spaces:
- 10
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Included In
- Assessment:
- $485,000
- Assessment Year:
- 2024
- Development Charges Paid:
- Yes
- Type Taxes:
- Annual
- Taxes:
- $4,819.24 / 2024
- Assessment:
- $485,000.00 / 2024
- Perth East
- Shakespeare
- Perth
- No
- none
- 3 stoves, 3 dryers, 3 washers, 3 refrigerator
- UFFI:
- No
- Utilities:
- Yes
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Financial Statements:
- No
- Gross income:
- $100,200
- Expenses Actual/Estimated:
- Estimated
- Insurance Expenses:
- $6,000
- Tax Expenses:
- $4,819
- Year Expenses:
- 12019
- Maintenace Expenses:
- $1,200
- Major Business Type:
- Apts - 2 To 5 Units
- Category:
- Apartment
- Franchise:
- No
- Chattels:
- Yes
- LLBO:
- No
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Primary Bedroom
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Second Bedroom
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Laundry Room
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Rear View
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Listed by eXp Realty
Data was last updated June 30, 2025 at 04:15 PM (UTC)
- MATT FRANCIS
- STREETCITY REALTY INC. BROKERAGE
- 1 (519) 9492114
- Contact by Email
Quick Links
Contact Matt
Direct: 519-949-2114
matt@mattfrancis.ca
Stratford Office
7 George St W
Stratford, ON, N5A 1A6