Stratford, ON N5A 4E9,228 Nile Street
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Stratford, ON N5A 4E9,228 Nile Street
Stratford, ON N5A 4E9,228 Nile Street
Stratford, ON N5A 4E9,228 Nile Street
Stratford, ON N5A 4E9,228 Nile Street
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Listed by Joshua Damaren • Flux Realty
$ 499,900
Est. payment /mo
Active

228 Nile Street Stratford, ON N5A 4E9

4 Beds

2 Baths

1,630 SqFt


UPDATED:

10/31/2024 04:29 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,630 sqft

Price per Sqft $306

MLS Listing ID 40671611

Style Two Story

Bedrooms 4

Full Baths 2

Abv Grd Liv Area 1,630

Originating Board Waterloo Region

Year Built 1885

Annual Tax Amount $3,383

Property Description

Prime Income Property in the Heart of Stratford! Discover an investor's dream with this cash-flowing duplex, located in the picturesque town of Stratford. This solid brick, two-storey home boasts two spacious 2-bedroom units, each with a full bathroom in-suite laundry and separated utilities, ensuring tenant convenience and satisfaction. Currently, one unit is tenanted with long-term occupants paying fair market value, while the other is vacant, offering flexibility—rent both units or occupy one and let the other support your mortgage. Perfectly situated near downtown, tenants will love the walkable access to local shops, restaurants, public transit, and essential amenities. With separate utilities and tenants covering their own costs, this low-maintenance property is ideal for investors seeking a stress-free income generator. Whether you’re a seasoned investor or new to the game, this Stratford gem is a rare opportunity you don’t want to miss!

Location

Province ON

County Perth

Area Stratford

Zoning R2

Direction South off Guelph Street onto Nile Street

Rooms

Other Rooms Shed(s)

Basement Other, Crawl Space, Unfinished

Kitchen 2

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Forced Air, Natural Gas

Cooling Wall Unit(s)

Fireplace No

Appliance Water Heater, Dryer, Refrigerator, Stove, Washer

Laundry In-Suite, Main Level, Upper Level

Exterior

Parking Features Exclusive, Right-of-Way

Fence Fence - Partial

Roof Type Asphalt Shing

Porch Deck, Patio, Porch

Lot Frontage 30.0

Lot Depth 69.5

Garage No

Building

Lot Description Urban, Rectangular, Library, Park, Place of Worship, Playground Nearby, Rail Access, Trails

Faces South off Guelph Street onto Nile Street

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Two Story

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 531110011

Ownership Freehold/None


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228 Nile Street