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Home ON Stratford
193 NORFOLK Street
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193 NORFOLK Street $6,050,000
$6,050,000
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193 NORFOLK Street
Stratford, Ontario N5A3Z1

MLS® Number: 40529563
35
Bedrooms
34
Bathrooms
18117
Square Feet

Listing Description

INVESTMENT OPPORTUNITY - If you're seeking to diversify or build your portfolio, seize this exceptional chance to acquire 33 residential units situated across three distinct buildings on a single property. The property, spanning approximately 1.4 acres, includes 193 Norfolk Street, 61 Borden Street, and 75 Borden Street. Adequate parking, totalling 45 spots, is available for all three structures. Each building comprises 11 residential units, comprising 31 one-bedroom units and 2 two-bedroom units, all currently occupied. Additionally, each building is equipped with coin-operated laundry facilities, extra storage spaces, and tenant lockers. Click on the virtual tour link, view the floor plans, photos, and layout and then call your REALTOR® to review more information and financials before you schedule your private viewing of this great opportunity! (66966930)

Location Description

From Ontario Street/Highway 8, turn South onto Romeo Street, turn West onto Norfolk Street. Property on the SouthEast corner of Norfolk Street and Borden Street.

Property Summary

Property Type
Multi-family
Storeys
3
Square Footage
18117 sqft
Subdivision Name
22 - Stratford
Title
Freehold
Land Size
1.4 ac|1/2 - 1.99 acres
Built in
1970
Annual Property Taxes
$71,630
Total Parking Spaces
45
Time on REALTOR.ca
162 days

Building

Bathrooms
Total
34
Interior Features
Basement Type
None
Building Features
Features
Paved driveway, Laundry- Coin operated
Foundation Type
Poured Concrete
Construction Material
Concrete block, Concrete Walls
Structures
Shed
Total Units
33
Heating & Cooling
Cooling
None
Heating Type
Radiant heat, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Brick, Concrete
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Golf Nearby, Park, Schools, Shopping
Parking
Total Parking Spaces
45

Measurements

Square Footage
18117 sqft
Above Grade Finished
18117 sqft
Source: Other

Land

Lot Features
Frontage
246 ft
Land Depth
290 ft
Other Property Information
Zoning Description
R5(1)
Data provided by: Huron Perth Association of REALTORS® Unit 5 - 55 Lorne Avenue East, Stratford, Ontario N5A 6S4

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