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Sold for $480,000 on 01/24/25
  • C$480,000

    228 Nile St, Stratford, ON N5A 4E9

    4beds
    1,630sqft
    Single Family Residence, Residential
    Built in 1885
    2,085 Square Feet Lot
    $-- Zestimate®
    C$294/sqft
    $-- Estimated rent

    Owner options

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    C$2,029/mo

    Est. payment

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    C$2,029/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: August 20, 2025 at 11:55pm

    Listed by:

    Joshua Damaren, Salesperson,

    Flux Realty

    Source: ITSO,MLS®#: 40671611Originating MLS®#: Cornerstone Association of REALTORS®

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Other
    • Level: Lower
    Bathroom
    • Features: 4-Piece
    • Level: Second
    Bathroom
    • Features: 3-Piece
    • Level: Lower
    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