196 Nile Street, Stratford, ON N5A 4E6
Stratford
Rare investment opportunity on Nile Street! This impressive Victorian triplex in the heart of Stratford offers a perfect blend of historic charm, exceptional stability, and immediate value-add potential. The property features three spacious townhouse-style units, 192, 194 and 196 Nile Street Stratford. The largest of the 3 units at 196 Nile is a 1,400 sq. ft. 3 bedroom home that underwent significant renovations in 2023, including all-new permitted electrical, plumbing, and HVAC, plus the addition of a second full bathroom and updated windows. For those investors looking to maximize returns, a permit has been submitted to split this unit into two dwellings; with some work already completed. The building further benefits from two incredibly stable, long-term tenancies. 192 Nile is an 1,100 sq. ft. 2 bedroom end-unit featuring a large, fully fenced private yard and two parking spots, while 194 Nile offers 1,000 sq. ft. 2 bedroom with two parking spots. Both units (tenanted since 2006 and 2009 respectively) pay their own utilities, keeping overhead low for the landlord. The property is capped with a four-year-old roof featuring 35-year shingles, and while currently wrapped in easy-to-maintain vinyl, the original wood board and batten remains preserved beneath. With a total of five parking spots and the unique opportunity to create a fourth unit, this is a versatile addition to any portfolio in a prime downtown location.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 196 Nile Street, Stratford, ON N5A 4E6
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MLS# X13083770
Listed by Sutton Group - First Choice Realty Ltd.
On market since May 5, 2026
196 Nile Street, Stratford, ON N5A 4E6 is listed for $649,900 CAD.
196 Nile Street, Stratford, ON N5A 4E6 has 7 bedrooms and 4 bathrooms.
196 Nile Street, Stratford, ON N5A 4E6 is a Triplex.
196 Nile Street, Stratford, ON N5A 4E6 is in Stratford, Ontario.
196 Nile Street, Stratford, ON N5A 4E6 is currently for sale.
Contact Avi Hayev at +16471112222 to arrange a private showing of 196 Nile Street, Stratford, ON N5A 4E6 (MLS# X13083770). You can also send a message through the contact form on this site.
