CAONStratford31 Bay St
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31 Bay St, Stratford, ON

House

For Sale

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to see price

435

MLS® X13426542

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $4,182
Days Active 1
Lot Size 
Approx. Age 
MLS® Number X13426542

Property Address: 31 Bay St, Stratford, ON, N5A4K7

Average square foot calculated using Size range provided by listing agent.

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:58753)Show Description
MLS® NumberX13426542
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementUnfinished, N/A
DrivewayNo Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Family Room:Main Floor3.68 × 3.03 ft
Living Room:Main Floor3.41 × 4.1 ft
Bedroom 2:3.47 × 2.93 ft
Bathroom 2:Main Floor1.33 × 2.9 ft
Den:3.14 × 3.42 ft
Kitchen:Main Floor5.12 × 4.12 ft
Bathroom 3:1.86 × 2.08 ft
Bathroom 1:Main Floor1.06 × 2.51 ft
Bedroom 1:3.59 × 2.9 ft
Other:Main Floor1.96 × 5.51 ft

Price History

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Home Appraisal

This property is estimated to sell between: $550,000 and $725,000.
Similar properties in this area sold on average for: $666,575
Expected to sell in 36 days. Similar properties sold in 37 days. This home has been on eXp Realty for 1 day.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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31 Bay St, Stratford, ON
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