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Main Photo: 34-38 Douro Street in Perth: Stratford Commercial for sale : MLS®# X12260878
Photo 1: 34-38 Douro Street in Perth: Stratford Commercial for sale : MLS®# X12260878
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12260878
Bus Major:
Apts - 2 To 5 Units
This well-maintained 4-unit multi-residential property, located within walking distance to downtown offers solid income and long-term value. With two 3-bedroom, 1-bathroom and two 2-bedroom, 1-bathroom units there is plenty of space to attract good tenants and rent. Recent major updates include a new roof (approx. 2017), a gas furnace (approx. 2015), and replacement of about half the windows, including all in Apartment #1. Apartment #1 was fully renovated in 2024, and Apartment #2 was updated in 2021 with new flooring, kitchen, and several new windows including a sliding patio door. Each unit also features laundry hookups and two parking spaces. This turnkey investment offers dependable rental income, minimal maintenance needs, and is located in a strong rental market. A fantastic opportunity to expand your portfolio, contact your REALTOR today to arrange a viewing.
Property Type:
Commercial
Property Sub Type:
Investment
Property Attached:
Yes
Freestanding:
Yes
Total Area:
4393 sq. ft. Square Feet
Total Area:
4,393 sq. ft.
Depth:
122'5"
Frontage:
66'
Lot Shape:
Rectangular
Bedrooms:
0
Water supply:
Municipal
Kitchens:
0
Zoning:
R3
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$5,990 / 2024
Assessment:
$- / -
Stratford
Stratford
Perth
4 water heaters (paid by tenants)
4 fridges and 4 stoves
Tenant belongs and any washers/dryers
UFFI:
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Jul 03, 2025
Original Price:
Previous Price:
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Virtual Tour

Listed by RE/MAX A-B Realty Ltd
Data was last updated July 5, 2025 at 06:15 AM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
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  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

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When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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Start Exploring Apartment Buildings for Sale Today

Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.