56 Albert Street, Stratford, Ontario N5A 3K3

Listed for:
$2,499,900
0 beds
0 baths
Listed 1 day ago
Multi-Family for rent: 56 Albert Street, Stratford, Ontario N5A 3K3

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Learn more about this property
Listing provided by:
Royal LePage Heartland Realty
MLS® number:
X12552592
Agent:
Jeff Bauer
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About

Cross Streets: Albert/Waterloo Streets. ** Directions: From Hwy.8 in downtown Stratford, turn onto Downie St. and take your first left onto Albert St. Property on the left. In the heart of Stratford, 56 Albert St. presents a unique opportunity for investors, entrepreneurs, and anyone seeking a vibrant and dynamic environment. This thoughtfully adapted building offers a blend of residential units, Hotel/Inn space and flexible lower level commercial space, making it ideal for a variety of needs. For those seeking a comfortable and convenient property to add to their portfolio, 56Albert St. boasts eight finished 1-bedroom residential units, as well as 8 Hotel/Inn Units. Residents and patrons will enjoy the benefits of being close to the theatres, local shops, restaurants, and amenities, making this a perfect location for a theatre going getaway, students ,or young professionals. Entrepreneurs and businesses, on the other hand, can leverage the potential of the Lower level spacious commercial area. This area offers a flexible layout, allowing for customization to suit various needs, from retail ventures, restaurant or bar, or professional offices. Additionally, the high-traffic location guarantees optimal visibility and foot traffic, making it an ideal space to establish a thriving presence. Whether as a residential investment property or your ideal commercial space, with additional income generation in the upper levels 56 Albert St. provides a compelling opportunity; the potential for generating consistent income through rental units and Inn and commercial space makes this property an attractive investment option. The prime location offers easy access to transportation and major roadways. Contact your Realtor today to schedule a viewing and explore the possibilities that await you at 56Albert St.! (id:27476)

Property Highlights

MLS® Number
X12552592
Type
Multi-family
Community Name
Stratford
Land Size
46.51 x 102.68 FT

Building

Building Type
Multi-Family
Square Footage
9492 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location

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