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Investment signal

$799,900

74 COBOURG STREET

Save this home

Beds

4

Baths

3

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location 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.

About this home

A Prime Triplex Investment Opportunity blocks from the Heart of Downtown Stratford. Each of the three units have separate hydro and water meters and utilities are paid by tenants. Main Floor Unit (Renovated 2020): 1 Bedroom, 3-piece bath, upgraded flooring, fresh paint, and a modern kitchen with quartz countertops, living room and bonus or second bedroom and private deck. Second Floor Unit: 2 Bedrooms, bright sunroom, 4-piece bath, kitchen, and private entrance to front porch. Basement Unit (Rebuilt & Renovated 2018/2019): 1 Bedroom plus multipurpose room (bedroom/office/etc), quartz countertops in kitchen, newer washer & dryer, fridge, and stove (2022), walkout to the backyard and patio. Each suite is thoughtfully designed for privacy, and the entire property has been meticulously maintained. The condition of both the house and grounds reflects pride of ownership and stellar tenants. Situated in one of Stratford's most desirable neighbourhoods steps from theatres, shops, cafes, schools, parks, restaurants, public transit, and only minutes away from the hospital and major highways. Investment Properties in this location and condition are rarely available. Book a private showing today! (id:65958)

Subtype
Multi-family
Structure
Triplex
Community
Stratford
Lot dimensions
36 x 105 FT
Bedrooms
3 above grade, 1 below grade
Parking
2 total
Stories
2.5
On market
Jan 23, 2026
Status changed
Apr 22, 2026
Annual tax
$5,275 (2026)
Zoning
R2-8
Photos
40
MLS#
X12723754
Area
STRATFORD

Features and systems

Parking

No Garage

Basement

Apartment in basementWalk outN/AN/A

Appliances

WasherRefrigeratorWater meterStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Exterior

BrickVinyl siding

Flooring

TileHardwoodLaminate

Foundation

StoneConcrete

Lot

Carpet Free

Community

School BusCommunity Centre

View

River view

Utilities

SewerElectricityCable
Negative cash flow ~$889/mo at these assumptions

Cash on cash

-6.67%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,936

Financing

Down payment$159,980
Loan amount$639,920
Mortgage$3,242/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$367
Insurance$80
Maintenance$667
CapEx reserve$333
Vacancy loss$200

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $3,242/mo at 4.5% with 20% down, 30-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 22, 2026.

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