Was listed for:Terminated 20 days ago
$539,900

196 Albert Street

Stratford, ON N5A 3K6

Multiplex TerminatedNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 196 Albert Street, Stratford

2026-05-13
2026-09-30
Terminated
Price
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MLS#
x13121640

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 196 Albert Street, Stratford

Summarized Description

  • Solid brick home with two rental units.
  • Upper unit rented at $1,371.50/month.
  • Vacant main floor unit for owner-occupancy.
  • Private front porch and walkout deck access.
  • Conveniently located near downtown amenities.
  • Ideal for first-time buyers or investors.
  • Ample parking available on the property.
  • Opportunity to live with low down payment.

Fantastic opportunity to enter the real estate market with this solid brick home featuring two self-contained 1-bedroom units. The upper unit is currently rented for $1,371.50/month plus hydro and offers a separate entrance and private front porch. The vacant main floor unit is ideal for owner-occupied living, with walkout access to the deck and backyard complete with a raised garden bed and storage shed. Offering ample parking and located within walking distance to the downtown core, restaurants, parks, river, and theatres, this property is perfectly positioned for convenience and lifestyle. An excellent opportunity for first-time buyers or investors - live in one unit with as little as 5% down and add to your investment portfolio over time. Book your private viewing today.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,755
Land Transfer Tax Fee
$7,273

Rental Items

Rental Equipment
Hot water heater
Under Contract
Hot Water Heater

Basement Type
Unfinished

Interior Features

Interior Extras
Accessory Apartment, Primary Bedroom - Main Floor, Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Porch
Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
36.00 ft
Lot Depth
104.90 ft

Inclusions

Inclusions
2 Fridge, 2 stove, 2waher, 2 dryer both units. All appliance's" as is " working condition. One hot water heater owned(main floor unit).One rented (upper unit).

Exclusions

Exclusions
All of tenants items

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air, Window Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
2
Washrooms
2
Kitchens
2

Room sizes

  • Foyer—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Bedroom—
    Second level
  • Kitchen—
    Second level
  • Living Room—
    Second level
  • Bathroom—
    Main level, 4 Pc Bath
  • Bedroom—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Living Room—
    Main level

Washrooms

  • 4-piece

Municipality
Stratford
Neighbourhood
Stratford
Main cross streets
Nile St & Front St
Zoning
R3
Directions
north side of Albert between Nile & Front Streets;

MLS® number
X13121640
Data source
Toronto Regional Real Estate Board
Status change
2026-09-30
Listed on
2026-05-13
Days on market
140 days
Possession date
2027-06-15
Possession type
Flexible
Co-op commission
2%+hst
Seller
Listed by
Sutton Group - First Choice Realty Ltd.

Home Market Value

Current home valuation for 196 Albert Street, Stratford, Stratford, ON. Listed for $539,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 196 Albert Street, Stratford

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Stratford, ON
Minimum Down Payment Required:5.4%

5% on first $500K + 10% on $39,900 over $500K

Minimum down payment

$28,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,430$15,063$12,850$0
=Total mortgage
$531,175$500,973$471,765$431,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,593monthly$2,446monthly$2,303monthly$2,109monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,273

Total Land Transfer Tax

$7,273

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