98 William St 18 Unit Apartment Building $3,399,000 CAD ($188,833 CAD/Unit) Stratford, ON N5A 4Y1

98 William Street E presents an opportunity to acquire a well-maintained 18-unit apartment building in Stratford, Ontario. The property is located within an established residential neighborhood characterized by mature homes and tree-lined surroundings, offering a stable residential setting that has historically appealed to long-term tenants. Its location provides convenient access to downtown Stratford, local shopping and dining amenities, parks, and the internationally recognized Stratford Festival, supporting continued residential demand within the area.
The building has benefited from a series of capital improvements that reduce near-term ownership requirements. Features include a passenger elevator servicing all floors, underground and surface parking, on-site laundry facilities, fibre optic internet service, and updated patio doors throughout the property. Major building system upgrades reported in the listing include exterior replacement completed in 2014 and boiler replacement completed in 2017, along with ongoing mechanical maintenance.
The asset is positioned as a stabilized multifamily investment within a mature urban market. Stratford continues to attract residents through its cultural attractions, established downtown core, and diverse local economy. The combination of an established tenant-oriented location, recent capital improvements, and apartment inventory in a supply-constrained market provides investors with an opportunity to acquire a residential income-producing asset with documented operational history. Financial statements, rent roll information, and supporting due diligence materials are reported as available to qualified purchasers.