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For sale
  • C$4,550,000

    150 Heron Dr, Stratford, PE C1B 0L6

    --beds
    --baths
    --sqft
    Multi Family
    Built in 2014
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Modern upgradesStainless steel appliancesGranite countertopsOversized walk-out windowsPrivate balconies
    Total Units: 19 Income-Generating Apartments - 14 × 2-Bedroom, 1-Bath - 4 × 2-Bedroom, 2-Bath - 1 × Additional Furnished 2-Bedroom, 1-Bath (Separate Unit) 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.
    120 days
    on Zillow
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    20
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: April 23, 2025 at 04:59pm

    Listed by:

    Albert Jiang,PEI - Broker,

    DH REAL ESTATE

    Source: Prince Edward Island REA,MLS®#: 202508530MLS Logo
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    Facts & features

    Interior

    Heating
    • Baseboard, Ductless
    Appliances
    • Included: Stove, Dishwasher, Dryer, Microwave Rng Hd Combo, Refrigerator, Microwave, Washer
    Features
    • Flooring: Laminate
    • Basement: None

    Property

    Parking
    • Parking features: Paved, No Garage
    • Details: Parking Details(Paved Multiple Parking Spots In Front Of The Building.)
    Features
    • Stories: 3
    Lot
    • Size: 0.65 Acres
    • Dimensions: 0.65
    • Features: 0.5 to 0.99 Acres
    Details
    • Additional parcels included: 1808484
    • Parcel number: 1054048
    • Zoning: r3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • Year built: 2014

    Utilities & green energy

    • Sewer: Municipal
    • Water: Municipal
    • Utilities for property: Electricity Connected

    Community & HOA

    Location
    • Region: Stratford

    Financial & listing details

    • Tax assessed value: C$20,050,000
    • Annual tax amount: C$25,000
    • Date on market: 4/22/2025
    • Inclusions: All Appliances In The Building.
    • Electric utility on property: Yes
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