31 Bay Street, Stratford, ON N5A 4K7
Stratford
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
Walkability, transit, and bike-friendliness for 31 Bay Street, Stratford, ON N5A 4K7
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MLS# X13426542
Listed by Home and Company Real Estate Corp Brokerage
Listed Jun 10, 2026
Sold Aug 10, 2026
What comparable homes actually sold for in the last 12 months.
31 Bay Street, Stratford, ON N5A 4K7 is listed for $550,000 CAD.
31 Bay Street, Stratford, ON N5A 4K7 has 4 bedrooms and 3 bathrooms.
31 Bay Street, Stratford, ON N5A 4K7 is a Duplex.
31 Bay Street, Stratford, ON N5A 4K7 is in Stratford, Ontario.
31 Bay Street, Stratford, ON N5A 4K7 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 31 Bay Street, Stratford, ON N5A 4K7 (MLS# X13426542). You can also send a message through the contact form on this site.
