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Investment signal

$150,000

10 INVERNESS STREET

Beds

Baths

Sqft

700

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Outgrown your garage? Need more storage for your cars and toys? Tired of paying rent at your shop? Looking for an investment property? This two-car garage/shop at 10 Inverness offers flexible C2 zoning that can suit many needs. A steel roof, and low taxes keep maintenance costs minimal. The central location and on-site parking give you space to run a small business, store your summer car, work on your hobby, or just have a spot to hang out with your buddies. Steps from downtown and zoned for commercial use c2, beside other vacant land, this property is also ripe for redevelopment - a solid opportunity for the investor with an eye on Stratford's growth. (id:65958)

Subtype
Retail
Community
Stratford
Living area
700 square feet
Lot dimensions
Bldg=70.6 x 68.67 FT ; See
Parking
6 total
On market
Apr 13, 2026
Status changed
Apr 16, 2026
Annual tax
$2,212 (2025)
Zoning
C2
Photos
8
MLS#
X12992564
Area
STRATFORD

Features and systems

Heating

Other

Cooling

None

Lot

Irregular lot size
Positive cash flow ~$1,208/mo at these assumptions

Cash on cash

48.30%

Cap rate

15.55%

GRM

5.2

Break-even rent

$1,129

Financing

Down payment$30,000
Loan amount$120,000
Mortgage$736/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$69
Insurance$80
Maintenance$125
CapEx reserve$63
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Stratford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $736/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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