
Apartment For Sale
$4,290,000
MLS® Number: 202611588
Land Size
0.65
Year Built
2015
Apartment For Sale
$4,290,000
Land Size
0.65
Year Built
2015
150 Heron Dr., Stratford, Prince Edward Island
About This Property
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.
Property Details
Interior Details
Appliances
Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo
Basement
None
Flooring
Laminate
Heating
Baseboard heaters, Electric, Wall Mounted Heat Pump
Building & Exterior
Exterior Features
Vinyl
Foundation Details
Poured Concrete
Parking Features
Parking Space(s)
Stories
3.0
Year Built
2015
Land & Location
City Region
Stratford
Lot Size Area
0.65
Lot Size Dimensions
0.65
Parcel Number
1054048
Postal Code
C1B2X8
Listing & Financials
Listing Office
DH REAL ESTATE
Originating System Name
Prince Edward Island Real Estate Association
Other Specifications
Common Interest
Freehold
Country
Canada
Listed By
DH REAL ESTATE
Mortgage Calculator
Estimated Monthly Payment
$21,075
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$21,075
Principal and interest only. Actual rates may vary.