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!
Sold
C$480,000
228 Nile St, Stratford, ON N5A 4E9
4beds
1,630sqft
Single Family Residence, Residential
Built in 1885
2,085 sqft lot
$-- Zestimate®
C$294/sqft
C$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: January 23, 2025 at 09:19pm
Listed by:
Joshua Damaren, Salesperson,
Flux Realty
Source: ITSO,MLS®#: 40671611Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Second
Bedroom
- Level: Lower
Other
- Level: Lower
Bedroom
- Level: Second
Bathroom
- Features: 3-Piece
- Level: Lower
Bathroom
- Features: 4-Piece
- Level: Second
Kitchen
- Level: Second
Kitchen
- Level: Lower
Living room
- Level: Lower
Living room
- Level: Second
Heating
- Forced Air, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Water Heater, Dryer, Refrigerator, Stove, Washer
- Laundry: In-Suite, Main Level, Upper Level
Features
- Separate Heating Controls, Separate Hydro Meters
- Basement: Other,Crawl Space,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,630
- Total interior livable area: 1,630 sqft
- Finished area above ground: 1,630
Property
Parking
- Total spaces: 2
- Parking features: Exclusive, Right-of-Way, Private Drive Single Wide
- Uncovered spaces: 2
Features
- Patio & porch: Deck, Patio, Porch
- Fencing: Partial
- Frontage type: West
- Frontage length: 30.00
Lot
- Size: 2,085 sqft
- Dimensions: 69.5 x 30
- Features: Urban, Rectangular, Library, Park, Place of Worship, Playground Nearby, Rail Access, Trails
Details
- Additional structures: Shed(s)
- Parcel number: 531110011
- Zoning: R2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence, Residential
Materials
- Brick
- Foundation: Stone
- Roof: Asphalt Shing
Condition
- 100+ Years
- New construction: No
- Year built: 1885
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & neighborhood
Location
- Region: Stratford