98 William Street E, Stratford, ON N5A 4Y1, Stratford, ON
Bath 19
0.37 sqft
Prime Investment Opportunity! Well-maintained 18-unit apartment building in one of Stratford's most desirable residential rental locations. Situated in a quiet, mature neighbourhood surrounded by established homes and mature trees, the property offers the stable living environment long-term tenants value. Solidly constructed building featuring a passenger elevator servicing all floors, 12 underground parking spaces plus 8 surface parking spaces, on-site laundry, fibre optic internet, and a mix of one- and two-bedroom suites. Several suites have been updated with modern kitchens, bathrooms and flooring. All units feature updated patio doors. Exterior balconies were replaced in 2026, significantly reducing future capital expenditure requirements. Additional capital improvements include a roof replacement (2014), boiler (2017), and regularly maintained mechanical and elevator systems. The property offers stable occupancy, strong tenant retention and future rental upside as suites turn over. With the majority of major capital improvements complete, investors can focus on increasing net operating income rather than funding significant building repairs. Located within walking distance of downtown Stratford, shopping, restaurants, parks and the Stratford Festival. Apartment buildings of this size and quality offering an elevator, underground parking, an established residential setting and significant recent capital improvements rarely become available in Stratford. Comprehensive due diligence package, including financial statements, rent roll and supporting documentation, available to qualified purchasers.
Property Highlights
For Sale
MLS NO.
X13539418
Type
Commercial
Sub Type
Investment
Bathrooms
19
Square Footage
0.37 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13539418
Total Bathrooms
19
Security Features
No
Lot Width
122.0
Lot Size
0.37
Lot Size Units
Acres
Garage Type
Underground
Cooling
No
Heat Type
Gas Hot Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
98 William Street E, Stratford, ON N5A 4Y1
City
Stratford
Neighbourhood
Stratford
County / Region
Perth
Province / State
ON
Postal Code
N5A 4Y1
Cross Street
Hamilton & William
Directions
Turn down Hamilton St and left on to William St
Country
CA
List Price
$3,399,000
Annual Taxes
$47,903
Tax Year
2026
Possession Type
Flexible
Possession Details
Negotiable
Listing Office
Royal LePage Hiller Realty
Board
One Point Association of REALTORS
Original Entry
2026-07-08T18:21:55Z
Media Updated
2026-07-09T15:11:23Z
Photos Updated
2026-07-09T15:11:23Z
Last Modified
2026-07-09T15:11:23Z
System Modified
2026-07-27T22:00:41.936117Z
MLS Status
New
Co List Office Name
Royal LePage Hiller Realty
Ddfyn
Yes
Expiration Date
2026-12-31
Heat Type Multi
Gas Hot Water
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
531230062
Public Remarks
Prime Investment Opportunity! Well-maintained 18-unit apartment building in one of Stratford's most desirable residential rental locations. Situated in a quiet, mature neighbourhood surrounded by established homes and mature trees, the property offers the stable living environment long-term tenants value. Solidly constructed building featuring a passenger elevator servicing all floors, 12 underground parking spaces plus 8 surface parking spaces, on-site laundry, fibre optic internet, and a mix of one- and two-bedroom suites. Several suites have been updated with modern kitchens, bathrooms and flooring. All units feature updated patio doors. Exterior balconies were replaced in 2026, significantly reducing future capital expenditure requirements. Additional capital improvements include a roof replacement (2014), boiler (2017), and regularly maintained mechanical and elevator systems. The property offers stable occupancy, strong tenant retention and future rental upside as suites turn over. With the majority of major capital improvements complete, investors can focus on increasing net operating income rather than funding significant building repairs. Located within walking distance of downtown Stratford, shopping, restaurants, parks and the Stratford Festival. Apartment buildings of this size and quality offering an elevator, underground parking, an established residential setting and significant recent capital improvements rarely become available in Stratford. Comprehensive due diligence package, including financial statements, rent roll and supporting documentation, available to qualified purchasers.
