




1/62931 LINE 34 HIGHWAY, Stratford, ON N5A6S5
$1.7M total
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Asset Class
Specialty
Size
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Building class
C
Zoning
US — Urban Services
$ / SF
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Occupancy
91%
Lot Size
2.76 ac
RARE 2.7-ACRE OPPORTUNITY JUST OUTSIDE STRATFORD! Featuring three detached homes, a horse barn, workshop, ample parking, and exceptional income and lifestyle potential. The primary bungalow offers over 4,500 sq. ft. of finished living space with 7 bedrooms, eat-in kitchen, sunroom, family room with gas fireplace, formal living and dining rooms. Finished basement includes a21' x 25' recreation room with fireplace, kitchen, 2 bedrooms, office and den. A 33' x 13"workshop with walk-up access to the double garage provides excellent space for hobbies, trades, storage or additional uses. Two additional detached homes, with 2 and 3 bedrooms respectively, each feature separate heatand hydro, offering excellent flexibility and rental income potential. Combined potential rental income is estimated at approximately $48,000 annually. The 31' x 22' horse barn includes6 stalls, hay loft and water. Multiple possibilities: live in the main home and rent the additional homes, accommodate extended family, create a multi-generational setup, operate a home-based business or explore other residential/commercial opportunities, subject to zoning and municipal approvals. Generous acreage provides space, privacy and flexibility while remaining close to Stratford amenities. Early possession may be available. Buyer and buyer's agent to conduct their own due diligence regarding zoning, permitted uses and future development potential. Contact your REALTOR today for details and a private viewing. (id:66811)
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Monthly debt service
$8K
Projected NOI
$118K
Annual cash flow
$24K
Cash-on-cash
4.71%
DSCR
1.26
Going-in cap
6.95%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
101,126
Households
35,601
Median income
$91,500
Median age
44
Daytime population
152,041
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2931 LINE 34 HIGHWAY, Stratford.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.