Stratford Police are searching for those responsible after they say several sheds were broken into.
Sunday morning, police say they were called out to a home on Duke Street after a shed was broken into and a bike stolen overnight.
They say the padlock on the shed door had been cut with the bicycle described as a high visibility yellow Giant XTC Advanced mountain bike, with a value of nearly $3000.
Police say the bike was secured inside the shed and the lock had been damaged in order to remove it.
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They add that padlocks had also been cut from shed doors at another home on Duke Street and two sheds at a home on Princess Street.
Anyone with information on the break-ins is asked to call Stratford Police or Crime Stoppers.