17 Laurier Street

Welcome to this delightful Multi-Family Home for sale in Stratford , located at 17 Laurier Street, Stratford. This well-maintained, fully vacant duplex is an exceptional opportunity for both investors and owner-occupiers alike. With a strategic layout and a plethora of features, this property promises maximum flexibility and comfort.

Situated on a spacious lot measuring 108 X 56 feet, this bungalow-raised multiplex boasts a charming exterior clad in vinyl siding, ensuring durability and low maintenance. The property is conveniently located at the intersection of Laurier and Perth, placing it in a prime position within the vibrant community of Stratford. The location offers easy access to local amenities, employment opportunities, and public transit, making it an ideal choice for those seeking convenience in their daily lives.

As you enter this Multi-Family Home for sale in Stratford, you will discover two generous bedrooms in each unit, providing ample space for relaxation and rest. Each unit also features a full bathroom, ensuring that residents have their own private facilities. Additionally, the property includes a dedicated in-suite laundry room, a highly sought-after feature that adds to the appeal of this home. With a total of six rooms in each unit, there is plenty of space for comfortable living.

One of the standout features of this property is the additional kitchen located in the basement, which offers even more versatility for the occupants. Whether you are an investor looking to maximise rental income or an owner-occupier interested in house-hacking, this Multi-Family Home for sale in Stratford provides the perfect layout to suit your needs. The basement is fully finished, adding to the overall living space and making it a great area for additional activities or storage.

While there is no central air conditioning system, the property is equipped with wall units to ensure comfort during the warmer months. The heating is provided by a forced air system, which is efficient and effective. Although there is no garage space or driveway, the property does offer parking for up to four vehicles, making it convenient for residents and their guests.

Both units are equipped with separate furnaces and fully independent utilities, allowing for clean expense separation and simplified management. This feature is particularly advantageous for investors, as it enables easy tracking of costs and maximises profitability. Furthermore, the durable steel roof adds long-term value and reduces the risk of capital expenditure, making this property a sound investment.

Another appealing aspect of this Multi-Family Home for sale in Stratford is that it is delivered completely vacant. This means that investors can set market rents immediately, while owner-occupants have the fantastic opportunity to live in one unit and rent out the other to offset ownership costs. This flexibility is a rare find in the current market and is sure to attract a variety of buyers.

The property is also equipped with internet access, ensuring that residents can stay connected and enjoy modern conveniences. However, it is worth noting that there is no family room or central vacuum system, which may be considerations for some buyers. Nevertheless, the overall layout and features of this home provide a solid foundation for comfortable living or investment potential.

In conclusion, this Multi-Family Home for sale in Stratford at 17 Laurier Street, Stratford, is a remarkable opportunity that should not be missed. With its generous bedrooms, additional kitchen, and fully finished basement, it offers a unique blend of comfort and functionality. The prime location, combined with the potential for rental income or owner-occupancy, makes this property a wise choice for anyone looking to invest in the Stratford area. Don't hesitate to explore this fantastic opportunity today!

Stratford, located in the heart of East London, is a vibrant and rapidly evolving area that seamlessly blends urban living with green spaces. Known for its rich history and cultural diversity, Stratford is home to the iconic Queen Elizabeth Olympic Park, offering residents ample opportunities for outdoor activities and leisure. The area boasts excellent transport links, including the Jubilee and Central lines, making it easy to access Central London and beyond. With a variety of shops, restaurants, and entertainment options, including the bustling Westfield Stratford City shopping centre, the neighbourhood caters to all lifestyles. Whether you're drawn to its dynamic atmosphere or the community spirit fostered by local events, Stratford presents an exciting place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Anne Hathaway Public School, just 0.5 km away, offering elementary education in both English and French for grades JK to 6, with a school rating of 5.1. For older children, Stratford Intermediate School is located 1.7 km away, providing grades 7 to 8 with a higher rating of 7.7. Stratford District Secondary School, situated 3.2 km from the property, caters to students in grades 9 to 12 and has a rating of 5.4. Additionally, St. Ambrose Catholic School is 1.0 km away, serving grades JK to 8 under the Huron-Perth Catholic District School Board, although it currently has no rating. For secondary education, St. Michael Catholic Secondary School is 3.4 km away, and Jeanne Sauvé Catholic School, offering French education for JK to 8, is 1.1 km away, but both lack ratings. Overall, the area boasts a variety of public and Catholic schools, ensuring quality educational options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 629 residents, with an average household size of 2.1 individuals. The community's average age is 39 years, reflecting a relatively mature demographic. The average household income stands at $74,500, with 15.8% of the population classified as low-income. The average property price in the area is $410,000, indicating a moderately priced real estate market. Notably, 53.7% of residents are single, and 29.41% of households include children, suggesting a mix of family structures. The area also has a significant rental population, with 49.15% of residents renting their homes, and 11.86% living in condominiums. Education levels are relatively high, with 42.27% of residents holding a college or university degree. Additionally, 7.69% of the population are immigrants, contributing to the area's diversity. However, a notable 29.9% of residents are not in the labor force, which may impact local economic dynamics. Overall, this demographic snapshot indicates a vibrant community with a blend of families, singles, and a diverse educational background.