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Renanza Realty
For sale

98 DOURO STREET

Stratford, Ontario

MLS® X14171088

$624,900

Status
Active
Property type
Multi-family
MLS® number
X14171088
Bedrooms
5
Bathrooms
2
Year built
—

Listing description

A FANTASTIC INVESTMENT OPPORTUNITY - TWO UNITS, ENDLESS POSSIBILITIES! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this beautifully maintained, renovated brick duplex deserves your attention! Featuring two spacious, self-contained units offering three bedrooms and two bedrooms respectively, this property presents an excellent opportunity for both seasoned investors and those looking to enter the income-property market.

One unit is currently occupied by an excellent, well-qualified tenant, while the second unit is vacant and ready for its next occupant - or for an owner looking to enjoy the benefits of living in one unit while collecting rental income from the other. Even better, each unit has its own hydro, heating and water expenses, providing tenants with control over their individual utility costs and helping simplify ownership. The solid brick building has been well cared for and is conveniently located within a short walking distance to the city core, making it an attractive and convenient rental location.

Why pay for your entire mortgage when your property can help pay for itself? Opportunities like this don't come along every day. Whether you're building wealth through real estate or looking for a property with flexibility and income potential, this is one you won't want to miss.

Two sets of fridges, stoves, washers and dryers, water heaters, central air conditioners.

Property summary

MLS® number
X14171088
Property type
Multi-family
Building type
Duplex
Land size
40 x 72 FT
Annual property taxes
$4,033.52
Parking
2 spaces · No Garage
Days on market
1 day

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Partially finished, Full
Appliances
Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater
Exterior features
Brick
Lot features
Flat site, Lighting, Dry, Paved yard

What would this home cost you?

Based on the $624,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,908 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX A-B Realty Ltd, STRATFORD.

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.