For Sale

$2,750,000

29 Glen Stewart Drive , Stratford, PE C1B 2A8

Remarks

Presenting a rare opportunity to acquire a 100 % occupied 18-unit apartment building conveniently located in the heart of Stratford at 29 Glen Stewart Drive. This fantastic apartment building was constructed in 2002 and features coin laundry and individual electrical meters for each unit. The property configuration is 17 two-bedrooms and 1 one-bedroom unit. Most dishwashers, stoves, fridges etc. have been replaced in the units. The laminate flooring has been replaced in all (except three units) and is in good repair. In recent years, all patio doors have been replaced, as well as a new roof installed and a newly paved lot. Upon move out, the units are painted and cleaned top to bottom, and all closet doors get new hardware, hinges, countertops in the washrooms (if needed), taps etc. The air exchangers have all been serviced and checked twice a year to ensure everything is working correctly. There is a mini barn on the premises serving as additional storage. The property sits just off of Stratford Road and steps from the local transit providing residents with easy access to and from the building. Additionally, Glenn Stewart School is also steps from the property. 29 Glen Stewart Drive presents a rare opportunity for an investor to acquire a cash-flowing asset in the heart of Stratford.

Property Summary

  • Lot Size: .83
  • Floor Space (approx): 0 Square Feet
  • Built in: 2002

Property Features:

  • Building Amenities:
    Intercom , Laundry Facilities
  • Building Amenities:
    Intercom , Laundry Facilities
  • Driveway/Parking:
    Parking Spaces(s) , Paved , Visitor Parking
  • Fire Protection:
    Alarm , Smoke Detector
  • Flooring:
    Other
  • Fuel Type:
    Oil
  • Heating/Cooling Type:
    Baseboard , Radiant
  • Property Size:
    0.5 to 0.99 Acres
  • Rental Equipment:
    None
  • Roof:
    Asphalt Shingle
  • Site Influences:
    Cleared , Public Transportation , Shopping Nearby
  • Site Influences:
    Cleared , Public Transportation , Shopping Nearby
  • Sub-type:
    Residential Units
  • Title to Land:
    Freehold
  • Utilities:
    Cable , Electrical , Telephone
  • Water Source:
    Municipal

Listing courtesy of: 

ROYAL LEPAGE PRINCE EDWARD REALTY

Lifestyle
Neighbourhood Info
Agent

Anthony Delodder

Salesperson/REALTOR®

Cell: 902.218.6700

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