For Sale: 31 Bay Street, Stratford, ON - REW
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$550,000
4 bd • 3 ba • 2000 - 2499 sf • Multifamily
31 Bay Street
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$550,000
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31 Bay StreetStratford, ON, N5A 4K7

  • 4 Bed
  • 3 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

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:63626)
Listed by: MAKLANE ROBERT DEWEVER, Salesperson, Home and Company Real Estate Corp Brokerage

Home facts and features

Price details
List Price
$550,000
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Gross Taxes for 2026
$4,182
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
5
Parking Details
No Garage
Property Type
Multifamily
Depth
118.3 feet
Frontage
40.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Unfinished,
Agent details
Primary Agent
Primary Broker
Home and Company Real Estate Corp Brokerage
Secondary Agent
MARIAN DEWEVER
Secondary Broker
Home and Company Real Estate Corp Brokerage
Listing details
Days on REW
1 Day
MLS® Number
X13426542
Source
Canadian Real Estate Association
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Property Insights

Romeo Public School
  • Public
  • JK - 6
Jeanne Sauvé Catholic School
  • Catholic
  • JK - 8
Shakespeare Public School
  • Public
  • JK - 6
Stratford Central School
  • Public
  • 7 - 12
Anne Hathaway School
  • Public
  • JK - 8
Bedford Public School
  • Public
  • JK - 6
St Ambrose School
  • Catholic
  • JK - 8
Hamlet Public School
  • Public
  • JK - 8
St Aloysius School
  • Catholic
  • JK - 8
St Joseph School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-11.
Call Agent
Salesperson
MAKLANE ROBERT DEWEVER
Phone:
(519) 301-2214
Office:
519-508-4663
Broker of Record
MARIAN DEWEVER
Phone:
(519) 508-4663
Cell:
519-508-4663
Office:
519-508-4663
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