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Stratford, Stratford
$699,000
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $3,772 |
| Lot Size | 66.15 ft x 132.3 ft |
| mls© Number | X13586274 |
| Listed By | Royal LePage Hiller Realty |
Listing History
- No recent sale history for this listing.
- 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.
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 checkInvestment Analysis
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