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BEDROOMS3
BATHROOMS3
KITCHENS15
ROOMSX11974265
MLSIDContact Us
Property Description
Triplex In Spectacular Location! Fully Renovated Three ( 3 ) Unit Complexes In The Heart Of Downtown Stratford. Generate Steady Rental Income With A Little TLC. All 3 Units Have Their Own Hydro And Water Meters. Main Floor; 1 Br Unit $1180/Month, Upper 2 Bedroom Plus Sunroom $825/Month And Basement;1 Br Unit $1065/Month. Utilities NOT Included. Zone R2-8 (Permitted Use As Commercial, Business Office, Clinic, Professional Office). It's A Spectacular Location! The Main Floor has 1 bedroom and 3pc Bath, renovated in 2020. Flooring, Painting, New Bathroom And Kitchen With Quartz Counters. 2nd Floor Has Separate Entrances And Porches Heading To The Upper Level. 2 Bedroom, 4 Pc Bath, Updated Kitchen And Sun Room. The basement was totally rebuilt, renovated, and upgraded in 2018/2019, with quartz countertops, a new washer and dryer, a stove and Fridge (2022). It has a walkout to the backyard and patio. Suites are thoughtfully crafted so that each tenant has Privacy. The House And Property Have Been Maintained Impeccably And Are In Superior Condition. Walking To Distance To Shopping, Grocery Stores, Schools, Parks, Cafes, Restaurants, Public Transit, And Minutes To The Hospital, Major HighwaysThis Is An Excellent Investment Property And An Exciting Option For Those Who Want To Live In Downtown. A Must See! Book Your Visit Now.
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Property Features
Place Of Worship, Public Transit, Rec Centre, River/Stream, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
36' x 105'
Fronting
East
Taxes
$5,001 (2024)
Basement
Apartment, W/O
Exterior
Brick, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.68' x 11.15' | Hardwood Floor |
| Dining | Main | 10.07' x 13.62' | Hardwood Floor, Separate Rm |
| Kitchen | Main | 9.51' x 9.51' | Stainless Steel Appl, Quartz Counter, Eat-In Kitchen |
| Br | Main | 12.83' x 11.15' | Hardwood Floor, B/I Closet |
| Bathroom | Main | 4.30' x 6.20' | Tile Floor, 3 Pc Bath |
| Living | 2nd | 14.01' x 9.02' | Hardwood Floor |
| Kitchen | 2nd | 9.55' x 9.45' | B/I Appliances, Eat-In Kitchen |
| 2nd Br | 2nd | 10.73' x 9.94' | Hardwood Floor |
| 3rd Br | 2nd | 10.04' x 11.06' | Hardwood Floor, B/I Closet |
| Bathroom | 2nd | 6.07' x 6.50' | Tile Floor, 4 Pc Bath |
| Foyer | Bsmt | 5.02' x 9.51' | Laminate |
| Living | Bsmt | 13.45' x 10.86' | Laminate |
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Stratford Market Statistics
Stratford Price Trend
74 Cobourg St is a 3-bedroom 3-bathroom home listed for sale at $995,000, which is $359,863 (56.7%) higher than the average sold price of $635,137 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Stratford increased by $14,762 (2.4%) compared to the previous 30 day period (December 22 - January 20) and up $126,774 (24.9%) from the same time one year ago.Inventory Change
There were 11 3-bedroom homes listed in Stratford over the last 30 days (January 21 - February 19), which is up 450.0% compared with the previous 30 day period (December 22 - January 20) and up 175.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Stratford typically sold ($10,428) (1.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,247 increase compared to the previous 30 day period (December 22 - January 20) and ($1,039) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Stratford over the last 30 days (January 21 - February 19) stood at 318.2%, down from 400.0% over the previous 30 days (December 22 - January 20) and down from 825.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Stratford stood at 58 days when successfully sold over the last 30 days (January 21 - February 19), compared to 99 days before being removed from the market upon being suspended or terminated.Listing contracted with One Percent Realty Ltd.
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