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Maria Tompson
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$649,900
Available - For Sale
Listing ID: X13083770
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.
Price $649,900
Taxes: $5,497
Assessment Year: 2025
Occupancy by: Tenant
Address: 196 Nile Street , Stratford, N5A 4E6, Perth
Directions/Cross Streets: Milton and Nile Streets
Rooms: 31
Bedrooms: 7
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Crawl Space
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Other 14.83 10.50
Room 2: Ground Dining Ro 10.53 9.48
Room 3: Ground Kitchen 12.14 7.54
Room 4: Ground Living Ro 11.74 12.27
Room 5: Ground Bathroom 7.31 6.17
Room 6: Ground Other 4.92 12.07
Room 7: Ground Laundry 5.64 5.31
Room 8: Ground Foyer 12.23 5.97
Room 9: Second Bedroom 9.48 15.25
Room 10: Second Bedroom 11.74 11.12
Room 11: Second Bedroom 9.18 12.33
Room 12: Second Bathroom 8.66 8.20
Room 13: Second Foyer 6.07 18.11
Room 14: Ground Living Ro 11.91 13.35
Room 15: Ground Dining Ro 10.73 8.86
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Aluminum Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 6
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 3500-5000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Sutton Group - First Choice Realty Ltd.

196 Nile Street , Stratford, N5A 4E6, Perth

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Triplex
Area: Perth
Municipality: Stratford
Neighbourhood: Stratford
Style: 2-Storey
Lot Size: x 66.00(Feet)
Approximate Age:
Tax: $5,497
Maintenance Fee: $0
Beds: 7
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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