150 Heron Dr.
Stratford, Prince Edward Island
MLS® 202611588
$4,290,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 202611588
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2015
1 / 22Listing description
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.
Property summary
- MLS® number
- 202611588
- Property type
- Multi-family
- Building type
- Apartment
- Title
- Freehold
- Land size
- 0.65
- Built in
- 2015
- Annual property taxes
- $25,000.00
- Parking
- Parking Space(s)
- Days on market
- 100 days
Features & details
- Heating
- Baseboard heaters, Electric, Wall Mounted Heat Pump
- Basement
- None
- Flooring
- Laminate
- Appliances
- Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
- Exterior features
- Vinyl
What would this home cost you?
Based on the $4,290,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of DH REAL ESTATE, Charlottetown.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.