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Price Change$799,900

361 Nelson Street

Stratford, Stratford

$699,000

Detached|2-Storey
4 | 3 | 6
About this home

A rare opportunity to own a beautifully renovated home with a fully approved detached Accessory Dwelling Unit (ADU) in a quiet, sought-after Stratford neighbourhood. Whether you're looking to generate supplemental rental income to help offset your mortgage, create a private space for aging parents, adult children, guests, or a dedicated home office, this property offers exceptional flexibility.The main residence was completely transformed by a local licensed contracting team between February and July 2026, with all permits pulled and passed. A welcoming entry with custom built-ins opens to bright, open-concept living spaces finished in engineered hardwood. The custom kitchen features quartz countertops, matching backsplash, stainless steel appliances, and plenty of room to gather. Upstairs offers three spacious bedrooms, including a primary suite with a large walk-in closet. A beautiful 5-piece bathroom with a double vanity, standalone soaker tub, custom tiled shower, and second-floor laundry completes the upper level. Originally the property's carriage house, the detached building has been thoughtfully reimagined into a fully self-contained, City-approved ADU. It offers a full kitchen with quartz countertops, skylights, in-floor heating, in-suite laundry, one bedroom, a 3-piece bathroom, and all appliances included. Sliding patio door lead to a private patio and fenced yard, while ample parking and its own civic address (361-2) make it feel like a completely separate home. Set on a 66' x 132' lot, both homes enjoy their own private outdoor spaces. A new asphalt driveway, concrete walkways, hardscaping, grading and drainage improvements, upgraded water and sewer servicing, and countless quality updates reflect the craftsmanship invested throughout. Whether you're searching for your forever home, multigenerational living, or a property that can adapt with your family's changing needs, 361 Nelson Street is a truly rare opportunity.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$3,772
Lot Size66.15 ft x 132.3 ft
mls© NumberX13586274
Listed ByRoyal LePage Hiller Realty

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,578
Property tax
$314
Heat allowance
$150
Housing costs
$4,042 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $139,800
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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