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Active

MLS® X13083770

196 Nile St

Name: HouseIndex
Address: 100 King Street West, Toronto, ON, M5X 1A9, CA
Telephone: +1-647-849-9977
Price range: Free

Stratford, ON N5A 4E6

$649,900

Bedrooms

Bathrooms

Size

3500-5000 sqft

Type

2-Storey

Parking

6 spaces

Taxes (2025)

$5,497

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Description

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 & Status History

Price history is locked

Property Details

Property TypeTriplex

Style2-Storey

CommunityStratford

Rooms31

Kitchens3

Washrooms4

Square Feet3500-5000 sqft

Lot Dimensions86 × 66 ft

Fronting OnWest

Dir/Cross StMilton and Nile Streets

Garage TypeNone

DrivePrivate

Parking Drive Spaces6

Total Parking Spaces6

ExteriorAluminum Siding

RoofAsphalt Shingle, Metal

FoundationStone

BasementCrawl Space

Fireplace FeaturesYes

Heating TypeBaseboard

Heating SourceElectric

A/CCentral Air

SewersSewer

Taxes (2025)$5,497

HSTIncluded In

Listed Date5/5/2026

Days on Market9 days

PossessionTBD

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Listing Courtesy of:

Sutton Group - First Choice Realty Ltd.

This listing is provided through the TRREB MLS® System.

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MLS® #X13083770

MLS® Data Disclaimer: The listing data provided is courtesy of the Toronto Regional Real Estate Board (TRREB) and its members. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by TRREB. MLS® and the associated logos are trademarks of The Canadian Real Estate Association (CREA) and identify the quality of services provided by members of CREA. REALTOR® is a trademark of REALTOR® Canada Inc., a corporation owned by CREA and the National Association of REALTORS®.

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