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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 23 days

    196 Nile Street

    Stratford·Stratford, ON·N5A 4E6·Near Milton and Nile Streets

    • 7 beds
    Stratford real estate›X13083770
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Rare investment opportunity on Nile Street! This impressive Victorian triplex in the heart of Stratford offers a perfect blend of historic charm, exceptional stability, and immediate value-add potential. The property features three spacious townhouse-style units, 192, 194 and 196 Nile Street Stratford. The largest of the 3 units at 196 Nile is a 1,400 sq. ft. 3 bedroom home that underwent significant renovations in 2023, including all-new permitted electrical, plumbing, and HVAC, plus the addition of a second full bathroom and updated windows. For those investors looking to maximize returns, a permit has been submitted to split this unit into two dwellings; with some work already completed. The building further benefits from two incredibly stable, long-term tenancies. 192 Nile is an 1,100 sq. ft. 2 bedroom end-unit featuring a large, fully fenced private yard and two parking spots, while 194 Nile offers 1,000 sq. ft. 2 bedroom with two parking spots. Both units (tenanted since 2006 and 2009 respectively) pay their own utilities, keeping overhead low for the landlord. The property is capped with a four-year-old roof featuring 35-year shingles, and while currently wrapped in easy-to-maintain vinyl, the original wood board and batten remains preserved beneath. With a total of five parking spots and the unique opportunity to create a fourth unit, this is a versatile addition to any portfolio in a prime downtown location.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    May 5, 2026ListedCurrentFor sale$649,900 —X13083770This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Baseboard
      Air conditioning
      Central Air, None
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 196 Nile Street
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,193
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $458
    0.85% mill rate · ON
    The market

    How this home sits in the Stratford market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Stratford market right now

    Average sold price, days on market, and closed-transaction count for Stratford — sourced from MLS®.

    • Avg sold price
      $649,174
      Last 30 days
    • Median sold price
      $575,000
      Middle of the market
    • Days on market
      43 d
      Avg from list to close
    • Closed last 30d
      129
      MLS® transactions
    Full Stratford market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 196 Nile Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 196 Nile Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 196 Nile Street listed for?

      196 Nile Street is listed at $649,900 on the MLS® (listing X13083770). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 196 Nile Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 4 baths
  2. 3500-5000 sqft
  3. Triplex
  4. Asking
    $649,900
    $0 / sqft · MLS® X13083770
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,116,579
    $1,027,253Confidence range$1,205,906
    Asking vs estimate
    ↓below
    −$466,679
    (-41.8%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 7 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Stratford sell in about 43 days — this one has been listed 23 days.

    Avg sold price
    $649,174
    Median sold
    $575,000
    Avg days on market
    43
    Recently sold
    129
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    • Rare investment opportunity on Nile Street!
    • The property features three spacious townhouse-style units, 192, 194 and 196 Nile Street Stratford.
    • With a total of five parking spots and the unique opportunity to create a fourth unit, this is a versatile addition to any portfolio in a prime downtown location.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  6. Parking & garage

    3
    Garage
    None
    Parking spaces
    6
    Driveway
    Private
  7. Interior

    4
    Basement
    Crawl Space
    Family room
    N
    Kitchens
    3
    Total rooms
    31
  8. Exterior & construction

    4
    Exterior
    Aluminum Siding
    Roof
    Asphalt Shingle, Metal
    Foundation
    Stone
    Pool
    None
  9. Lot & land

    1
    Zoning
    R2(2)
  10. Listing & possession

    3
    Occupancy
    TBD
    Property style
    2-Storey
    Property class
    Triplex
  11. Room-by-room · 31 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Ground level

    20 rooms
    • Other
      4.9 × 12.1 ft
    • Foyer
      12.2 × 6.0 ft
    • Living Room
      11.4 × 12.7 ft
    • Dining Room
      11.6 × 11.6 ft
    • Office
      12.7 × 6.5 ft
    • Kitchen
      12.1 × 7.5 ft
    • Living Room
      11.7 × 12.3 ft
    • Dining Room
      10.7 × 8.9 ft
    • Bathroom
      7.3 × 6.2 ft
    • Foyer
      13.0 × 6.4 ft
    • Other
      14.8 × 10.5 ft
    • Laundry
      13.9 × 12.5 ft
    • Living Room
      11.9 × 13.4 ft
    • Kitchen
      9.2 × 6.5 ft
    • Laundry
      12.7 × 11.2 ft
    • Laundry
      5.6 × 5.3 ft
    • Kitchen
      10.7 × 9.6 ft
    • Dining Room
      10.5 × 9.5 ft
    • Foyer
      13.7 × 5.8 ft
    • Foyer
      4.7 × 4.6 ft

    Second level

    11 rooms
    • Bathroom
      8.8 × 11.8 ft
    • Bedroom
      15.1 × 10.4 ft
    • Bedroom
      9.5 × 15.3 ft
    • Bedroom
      15.5 × 8.7 ft
    • Bedroom
      14.9 × 12.0 ft
    • Bathroom
      6.7 × 8.7 ft
    • Bedroom
      9.1 × 14.9 ft
    • Bedroom
      9.2 × 12.3 ft
    • Bedroom
      11.7 × 11.1 ft
    • Bathroom
      8.7 × 8.2 ft
    • Foyer
      6.1 × 18.1 ft
    Combined estimate
    $3,651
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,193
    /mo
    based on the purchase price of $649,900
    $129,980 cash
    $519,920 financed
    $437,909 total interest
    Monthly payment$3,193/ month
    Principal54%$519,920
    Interest46%$437,909

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of Sutton Group - First Choice Realty Ltd. · displayed on Summitly per MLS® data-share rules

    196 Nile Street is a 7-bedroom, 4-bath, 3500-5000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was 196 Nile Street built?

    The year built for 196 Nile Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for 196 Nile Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 196 Nile Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on 196 Nile Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $649,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has 196 Nile Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 196 Nile Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is 196 Nile Street in?

    196 Nile Street is in Stratford, Stratford. The 'Neighbourhood' section below links to the live Stratford real estate hub with average sold price, days on market, and current inventory.

  21. Is Stratford a good place to live?

    Stratford is one of ON's actively-tracked Summitly markets. The full Stratford real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.