For Sale

34-38 Douro Street, Stratford, Ontario N5A 3R3

$1,200,000

34-38 Douro Street, Stratford, Ontario N5A 3R3 is For Sale and has a listing price of 1,200,000. The property is located in the Stratford neighbourhood . It's been on the website for 53 Days.

  • Investment
    Property Type
  • MLS ID: X12260878
  • Office Name RE/MAX A-B Realty Ltd
Property Description

This well-maintained 4-unit multi-residential property, located within walking distance to downtown offers solid income and long-term value. With two 3-bedroom, 1-bathroom and two 2-bedroom, 1-bathroom units there is plenty of space to attract good tenants and rent. Recent major updates include a new roof (approx. 2017), a gas furnace (approx. 2015), and replacement of about half the windows, including all in Apartment #1. Apartment #1 was fully renovated in 2024, and Apartment #2 was updated in 2021 with new flooring, kitchen, and several new windows including a sliding patio door. Each unit also features laundry hookups and two parking spaces. This turnkey investment offers dependable rental income, minimal maintenance needs, and is located in a strong rental market. A fantastic opportunity to expand your portfolio, contact your REALTOR today to arrange a viewing.

Property Details
  • MLS ID: X12260878
  • Price: $1,200,000
  • Lot Depth: 122.4
  • Transaction Types: For Sale
  • Ref ID: X12260878
  • Year Built: N/A
  • Dir / Cross St: Waterloo Street South/Nile Street
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/03/2025 X12260878 $1,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Stratford
  • $797,453 Average List Price
    based on 1 year
  • 13 New Listings
    based on 30 days
  • 376 Median Days on Market
    based on 1 year
  • List vs. Selling Price 68.8 % Up
  • Sold (12mo) 145
  • Rented (12mo) 17

  • 1 Month Change -38.0%
  • 3 Month Change -27.6%
  • 6 Month Change -26.7%
Walkscore
  • 69 Walk Score
    Somewhat Walkable
  • 76 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Kitchen Y
  • Taxes: $5,990
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 03/07/2025 20:47:25
Want to see this property?