228 Nile Street Sold a day ago

Stratford, N5A 4E9

$499,900$000000

Description

Listed by FLUX REALTY.

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

View Map
  • Address: 228 Nile Street
  • Neighborhood:
  • City: Stratford
  • State: Ontario
  • Postal Code: N5A 4E9

Property Video

Property Details

  • Property ID: X9847905
  • Property Price: $499,900
  • Style: Detached, 2-Storey
  • Sq/Ft: 1500-2000
  • Rooms: 10
  • Bedrooms: 4
  • Bath: 2
  • Parking Spaces: 2
  • A/C: Wall Unit
  • Basement: Crawl Space, Unfinished
  • Central Vac.: N
  • Den: Y
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $3,383.00 (2024)
  • Lot: 69.50x30.00 (Feet)

Room details and dimensions

Statistics for similar Detached homes in

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100