For Sale

228 NILE Street, Stratford, Ontario N5A4E9

$499,900

228 NILE Street, Stratford, Ontario N5A4E9 is For Sale and has a listing price of 499,900. The property is located in the Stratford neighbourhood. It's been on the website for 15 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 4
    Bedrooms
  • 2
    Bathrooms
  • 2
    Parking Spaces
  • MLS ID: 40671611
  • Office Name Flux Realty
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! (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 4
  • MLS ID: 40671611
  • Bathrooms: 2
  • Price: $499,900
  • Transaction Types: For Sale
  • Ref ID: 27601372
  • Year Built: N/A
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
10/31/2024 40671799 $499,900 For Sale - -
10/31/2024 40671611 $499,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Living room - Second 14'11'' x 10'7''
Kitchen - Second 12'3'' x 8'5''
Bedroom - Second 7'10'' x 7'3''
Bedroom - Second 11'8'' x 11'2''
4pc Bathroom - Second 7'6'' x 5'9''
Primary Bedroom - Lower 12'2'' x 10'0''
Living room - Lower 18'7'' x 11'11''
Kitchen - Lower 11'6'' x 12'2''
Bedroom - Lower 11'10'' x 7'7''
3pc Bathroom - Lower 11'10'' x 5'2''
Neighborhood Stats
Stratford
  • $788,027 Average List Price
    based on 1 year
  • 76 New Listings
    based on 30 days
  • 91 Median Days on Market
    based on 1 year
  • List vs. Selling Price 139.54 % Up
  • Sold (12mo) 31
  • Rented (12mo) 7

  • 1 Month Change -12.9%
  • 3 Month Change -13.4%
  • 6 Month Change -27.0%
Walkscore
  • 84 Walk Score
    Very Walkable
  • 89 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    70.84%
  • Commercial
    13.76%
  • Condo
    14.68%
  • Land for Sale
    0.72%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Style 2 Level
  • Basement2 Crawl Space (unfinished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick
  • Cooling System Wall Unit
  • Total Parking Spaces: 2
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 31/10/2024 00:00:00
  • Zoning R2
  • Agent Name: Joshua Damaren
  • Address Subdivision: 22 - Stratford
  • Last Updated: 31/10/2024 16:46:55
Open House Dates
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