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31 Bay Street in Stratford has been sold

MLS #:
X13426542
Type:
Duplex, 2 1/2 Storey
Approx. SQFT:
2000-2500
Basement:
Unfinished
3+1 3+1
40 x 118.25 ft lot
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

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  • Date Listed: Wednesday, June 10, 2026
  • Listing Brokerage: Home And Company Real Estate Corp Brokerage - Disclaimer: The information contained in this listing has not been verified by Home And Company Real Estate Corp Brokerage and should be verified by the buyer.
  • City: Stratford

    More 3 bedrooms homes for sale in Stratford

  • Neighbourhood: Stratford
  • Major Intersection: bay and douro
  • Full Address: 31 Bay Street, Stratford, N5A 4K7, Canada, ON, Canada
  • Family Room:
  • Kitchen:
  • Living Room:
  • Kitchen:
  • Amenities:
  • Taxes: $4,182.00 (2025)
Bathroom8 x 3 ft24 sq ft
Bathroom10 x 4 ft40 sq ft
Br11 x 12 ft132 sq ft
Family10 x 12 ft120 sq ft
Kitchen14 x 17 ft238 sq ft
Living13 x 11 ft143 sq ft
Sunroom18 x 6 ft108 sq ft
Bathroom7 x 6 ft42 sq ft
Br10 x 12 ft120 sq ft
Den11 x 10 ft110 sq ft
Kitchen10 x 10 ft100 sq ft
Den18 x 21 ft378 sq ft
2nd Br10 x 11 ft110 sq ft

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