228 NILE Street 22 - Stratford, Stratford, Ontario, CA

Address: 228 NILE Street, Stratford, Ontario

4 Beds2 Baths1630 sqftStatus: Buy
Price $499,900

Property Overview


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:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
1630.42 sqft
Subdivision Name
22 - Stratford
Title
Freehold
Land Size
under 1/2 acre
Built in
1885
Building
Bathrooms
Total
4
Interior Features
Basement Type
Crawl space (Unfinished)
Building Features
Foundation Type
Stone
Square Footage
1630.42 sqft
Rental Equipment
Water Heater
Structures
Shed, Porch
Heating & Cooling
Cooling
Wall unit
Heating Type
Forced air
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Total Parking Spaces
2
Land
Lot Features
Fencing
Partially fenced
Other Property Information
Zoning Description
R2
Features
           Wall unit
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Your Home Finance Calculation

Property Price CA $499,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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