$649,900
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196 Nile Street, Stratford, ON N5A4E6

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7 Beds
4 Baths
- Sq Ft

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. (id:58753)

Listing By: STEPHANIE THEODOROPOULOS - Sutton Group - First Choice Realty Ltd. cncrea2 Realty.com
  • MLS® X13083770
  • Date Listed05/05/2026
  • Days on Realty 82 Days
  • Bedrooms 7
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Appliances Water Heater
  • Cooling Central air conditioning, None
  • Heating Baseboard heaters, Forced air, Electric, Natural gas, Other

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Milton and Nile Streets. ** Directions: Nile street to Milton street.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N5A4E6

Discover key demographics, population statistics, and environmental insights for the Stratford, ON area.

Walkability in ON / N5A4E6

Source: Walk Score

98/100

Walker's Paradise

Walk Score ®

0/100

Minimal Transit

Transit Score ®

96/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. It is possible to get on a bus. Daily errands can be accomplished on a bike.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 26/100, Transit Score: 0/100, Bike Score: 48/100.

Points of Interest near 196 NILE STREET, Stratford, ON N5A4E6

Frequently Asked Questions for 196 NILE STREET

Source: Realty.com

196 NILE STREET, Stratford, ON N5A4E6 in Stratford, ON N5A4E6 is a triplex listed at $649,900. Highlights include 7 bedrooms, 4 bathrooms. Realty.ca has 41 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 41 photos of 196 NILE STREET.

The full address for this home is 196 NILE STREET, Stratford, ON N5A4E6.

196 NILE STREET has been listed on Realty.com since Tue May 05, 2026

Daily errands do not require a car. It is possible to get on a bus. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 26/100, Transit Score: 0/100, Bike Score: 48/100.

Listing provided courtesy of: Sutton Group - First Choice Realty Ltd.
Listing agent: STEPHANIE THEODOROPOULOS

This content last refreshed on 2026-07-26 15:10:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.