$2,499,900
Available - For Sale
Listing ID: X12552592
56 ALBERT Street , Stratford, N5A 3K3, Perth
| 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.! |
| Price | $2,499,900 |
| Taxes: | $45000.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Partial |
| Address: | 56 ALBERT Street , Stratford, N5A 3K3, Perth |
| Postal Code: | N5A 3K3 |
| Province/State: | Perth |
| Legal Description: | PT LT 208 PL 20 STRATFORD PTS 1 & 2, 44R |
| Directions/Cross Streets: | Albert/Waterloo Streets |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 9492.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Financial Statement: | F |
| Chattels: | T |
| Franchise: | F |
| Hours Open: | 0 |
| Employees #: | 0 |
| Seats: | 0 |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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| Royal LePage Heartland Realty |
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At a Glance:
| Type: | Com - Investment |
| Area: | Perth |
| Municipality: | Stratford |
| Neighbourhood: | Stratford |
| Tax: | $45,000 |
| Fireplace: | N |
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