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Renanza Realty
For sale

98 WILLIAM STREET E

Stratford, Ontario

MLS® X13539418

$3,399,000

Status
Active
Property type
Multi-family
MLS® number
X13539418
Bedrooms
Bathrooms
19
Year built

Listing description

Prime Investment Opportunity! Well-maintained 18-unit apartment building in one of Stratford's most desirable residential rental locations. Situated in a quiet, mature neighbourhood surrounded by established homes and mature trees, the property offers the stable living environment long-term tenants value.

Solidly constructed building featuring a passenger elevator servicing all floors, 12 underground parking spaces plus 8 surface parking spaces, on-site laundry, fibre optic internet, and a mix of one- and two-bedroom suites. Several suites have been updated with modern kitchens, bathrooms and flooring. All units feature updated patio doors.

Exterior balconies were replaced in 2026, significantly reducing future capital expenditure requirements. Additional capital improvements include a roof replacement (2014), boiler (2017), and regularly maintained mechanical and elevator systems. The property offers stable occupancy, strong tenant retention and future rental upside as suites turn over.

With the majority of major capital improvements complete, investors can focus on increasing net operating income rather than funding significant building repairs. Located within walking distance of downtown Stratford, shopping, restaurants, parks and the Stratford Festival. Apartment buildings of this size and quality offering an elevator, underground parking, an established residential setting and significant recent capital improvements rarely become available in Stratford.

Comprehensive due diligence package, including financial statements, rent roll and supporting documentation, available to qualified purchasers.

Property summary

MLS® number
X13539418
Property type
Multi-family
Building type
Multi-Family
Land size
0.37 acres
Annual property taxes
$47,903.00
Parking
Underground
Days on market
53 days

Features & details

Heating
Hot water radiator heat, Natural gas
Cooling
None
Lot features
Elevator

What would this home cost you?

Based on the $3,399,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$15,815 /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 Royal LePage Hiller Realty, 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.