14 NILE STREET, Stratford, Ontario, N5A 4B8

$1,399,900

MLS® # X12689824

Investment For Sale In Stratford, Ontario

$1,399,900

Property Information:

A stately Multi-Residential, Multi-Use property in the heart of Stratford, Ontario. Prominently situated at the corner of Nile and Cobourg Streets, this exceptional property offers dual driveway access and sits just steps from Lake Victoria, Stratfords park system, world-renowned Festival Theatres, and a wealth of fine dining and boutique shopping destinations.This versatile property features a grand main-floor residence accessible via the formal circular drive off Nile Street, a charming front porch, or the rear yard entrance off the expansive tenant parking area on Cobourg Street. The 3-bedroom main residence showcases an efficient kitchen with generous storage and prep space, two ensuite bathrooms, a 4-piece bath, and a sun-filled front sitting room complete with a gas fireplace and mini bar ideal for entertaining. The elegant principal dining and living areas are adorned with gorgeous original trim and moldings, creating the perfect setting for gatherings and special occasions.An additional casual dining space opens to a tranquil backyard garden and pool patio retreat. The basement level includes a two-piece bathroom, laundry area, spacious recreation zone, and well-organized mechanical systems offering endless customization potential. Located on the second and third floors, separate from the main home, are three generously sized self-contained apartments, each with a private entrance providing strong income all rented to the Stratford Festival. Outdoor amenities include a private in-ground pool, beautifully landscaped garden areas, and a detached four-car garage with a full second level and separate access perfect for future residential development, a studio, office, or workshop. Whether you're seeking an elegant personal residence with income support or a lucrative investment opportunity in one of Ontarios most charming cultural cities, this property offers endless possibilities. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Air Conditioning: Yes
  • Basement Development: Partially finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Floor Space: 3500 - 5000 sqft
  • Foundation Type: Stone
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Water softener, Garage door opener remote, Dishwasher, Dryer, Garage door opener, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 7
  • Bathrooms: 6
  • Half Bathrooms: 1
  • Amenities Nearby: Park
  • Features: Lighting
  • Fence Type: Fenced yard
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 108 Feet
  • Lot Frontage: 109.3 Feet
  • Lot Size: 109.4 x 108 FT
  • Pool Type: Inground pool
  • Structure Type: Patio(s), Porch, Shed
  • Surface Water:
  • View Type: River view
  • Zoning: R2-8
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 14

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Bathroom 2nd Level Measurements not available
  • Bedroom 2nd Level 2.72 m x 5.13 m
  • Bedroom 2nd Level 4.83 m x 3.61 m
  • Kitchen 2nd Level 3.12 m x 3.94 m
  • Kitchen 2nd Level 3.02 m x 2.16 m
  • Living 2nd Level 5.13 m x 4.17 m
  • Living 2nd Level 5.16 m x 6.22 m
  • Bathroom 3rd Level Measurements not available
  • Bedroom 3rd Level 5.72 m x 3.86 m
  • Bedroom 3rd Level 5.66 m x 4.00 m
  • Kitchen 3rd Level 2.41 m x 2.74 m
  • Living 3rd Level 6.76 m x 5.97 m
  • Bathroom Lower Level Measurements not available
  • Laundry Lower Level 2.51 m x 3.81 m
  • Other Lower Level 4.24 m x 9.14 m
  • Utility Lower Level 2.24 m x 1.55 m
  • Utility Lower Level 7.19 m x 7.24 m
  • Kitchen Main Level 5.05 m x 2.82 m
  • Other Main Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Living Main Level 5.18 m x 8.92 m
  • Dining Main Level 5.16 m x 5.00 m
  • Foyer Main Level 2.44 m x 2.01 m
  • Breakfast Main Level 3.15 m x 3.30 m
  • Sun Room Main Level 3.02 m x 2.95 m
  • Primary Bedroom Main Level 5.97 m x 3.00 m
  • Bedroom Main Level 3.78 m x 3.10 m
  • Bedroom Main Level 3.02 m x 3.48 m
  • Bathroom Main Level Measurements not available

Courtesy of: Royal LePage Hiller Realty

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