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$550,000
Ontario,Stratford
For Sale Active
31 BAY STREET, Stratford, Ontario N5A4K7
  • 4
  • 3
  • 2000 - 2500Square Feet
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Basic Details
Description

Turnkey, well-maintained, bright, clean, duplex investment opportunity in a quiet, sought-after Stratford neighbourhood with excellent tenants. Fully leased with current gross annual rental income of $40, 800, $3, 400 monthly with NOI of ~ $32, 100.The lower unit features 1 bedroom, 2 bathrooms, private laundry, and exclusive use of the basement. The upper unit offers 2 bedrooms, 1 bathroom, private

laundry, and exclusive use of the finished attic. Both units have been well-maintained over the years and have benefited from thoughtful updates, including renovated kitchens. Tenants pay their own hydro (separately metered 2x100A) and water, while the landlord pays the heat. Additional features include a large backyard, potential for an ADU, storage shed, parking for up to 5 vehicles, two water heaters, and ample storage space. A rare opportunity to acquire a fully leased income property with strong in-place rents, reliable long-term tenants, and attractive investment fundamentals close to schools, parks, downtown amenities, and public transit. Contact your realtor for more details and virtual tour. Roof and balcony completed in 2018; back porch completed in 2024 (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13426542
  • Price: $550,000
  • Bedrooms: 4
  • Bathrooms: 3
  • Square Footage: 2000 - 2500 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 274502
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: N/A, Unfinished
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Stratford, N5A4K7
  • Street: Bay
  • Street Number: 31
  • Street Suffix: Street
  • Longitude: W81° 1' 40.7''
  • Latitude: N43° 22' 7.2''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 40 x 118.3 FT
  • Stories: 2.5
Financial
  • Tax Annual Amount: 4182
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Listing updated: 2026-06-14 22:59:08
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Listing Information
  • List Agent Key: 2249980
  • List Office Key: 274502
  • Modification Timestamp: 2026-06-10T21:10:14Z
  • Originating System Name: OnePoint Association of REALTORS®
  • Status Change Timestamp: 2026-06-10T21:03:58Z
Powered by REALTOR.ca
Listing updated: 2026-06-14 22:59:08
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