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Home ON Stratford
228 NILE Street
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228 NILE Street $499,900
5 days ago
$499,900
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228 NILE Street
Stratford, Ontario N5A4E9

MLS® Number: 40671799
4
Bedrooms
2
Bathrooms
1630
Square Feet

Listing 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! (68273610)

Location Description

South off Guelph Street onto Nile Street

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1630 sqft
Subdivision Name
22 - Stratford
Title
Freehold
Land Size
under 1/2 acre
Built in
1885
Annual Property Taxes
$3,383
Total Parking Spaces
2
Time on REALTOR.ca
5 days

Building

Bathrooms
Total
2
Interior Features
Basement Type
Crawl space (Unfinished)
Building Features
Foundation Type
Stone
Rental Equipment
Water Heater
Structures
Shed, Porch
Total Units
2
Heating & Cooling
Cooling
Wall unit
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Park, Place of Worship, Playground
Parking
Total Parking Spaces
2

Measurements

Square Footage
1630 sqft
Above Grade Finished
1630 sqft
Source: Other

Land

Lot Features
Fencing
Partially fenced
Frontage
30 ft
Land Depth
70 ft
Other Property Information
Access
Road access, Rail access
Zoning Description
R2
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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