For Sale: 150 Heron Drive, Stratford, PE - REW
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$4,290,000
0 bd ba sf Multifamily
$4,290,000

150 Heron Dr.Stratford, PE, C1B 2X8

  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

Total Units: 18 Income-Generating Apartments - 14 × 2-Bedroom, 1-Bath - 4 × 2-Bedroom, 2-Bath Units start at 1,100+ sqft?larger than average for premium rents. Long-term tenants, low turnover, and high demand for rentals. Prime Stratford Location: Short distance to Stratford Gym Centre, Sobeys Extra, NoFrill, and Stratford elementary school. Building Features Modern Upgrades: - Stainless steel appliances & granite countertops - Oversized walk-out windows + private balconies - Heat pumps with A/C (individual controls in all units) Convenience & Comfort: - Elevator access - Exceptionally well-maintained?no major capital costs in recent years Investment Advantages Strong Cash Flow: Positive monthly returns with minimal expenses. Low-Risk, High Reward: Rare offering in a high-demand rental area. Tenant Stability: Proven history of reliable, long-term tenants. Low vacancy of all time. A Must-See Opportunity! Don?t wait?this turnkey investment won?t last long! Realtor is also a shareholder of the company. (id:63626)
Listed by: Albert Jiang, DH REAL ESTATE

Home facts and features

Price details
List Price
$4,290,000
Gross Taxes for 2024
$25,000
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Parking Space(s)
Property Type
Multifamily
Lot Size
0 ft²
Depth
Year Built
Built in 2015 (11 yrs old)
Title
Freehold
Exterior Finish
Vinyl
Heating Type
Baseboard heaters, Electric, Wall Mounted Heat Pump
Appliances
Dishwasher, Dryer, Microwave Range Hood Combo, Refrigerator, Stove
Agent details
Primary Agent
Primary Broker
DH REAL ESTATE
Listing details
Days on REW
16 Days
MLS® Number
202611588
Source
Canadian Real Estate Association
Board
Prince Edward Island Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Stratford Elementary School
  • n/a
  • 4 - 6
Glen Stewart Primary School
  • n/a
  • K - 3
Montessori School Of Charlottetown
  • n/a
  • K - 6
Birchwood Intermediate School
  • n/a
  • 7 - 9
L. M. Montgomery Elementary School
  • n/a
  • K - 6
Prince Street Elementary School
  • n/a
  • K - 6
St. Jean Elementary School
  • n/a
  • K - 6
Immanuel Christian School
  • n/a
  • K - 9
Parkdale Elementary School
  • n/a
  • K - 6
Colonel Gray Senior High School
  • n/a
  • 10 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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