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.
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.
Listed May 5, 2026
Sold Jul 31, 2026
What comparable homes actually sold for in the last 12 months.
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 Michael Mezheritsky at +1 (416) 716-4439 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.
