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Listed 13 days ago

157 Front Street S

Stratford, Stratford

$399,000

Detached|Bungalow
2 | 1 | 3
About this home

Charming Stratford Cottage, across from park with playground - A Wonderful Downtown Getaway or Investment Opportunity!! Welcome to this charming Stratford cottage, perfectly situated just a short stroll from downtown, Stratford's renowned theatres, restaurants, shops and parks. Offering the ease of one-floor living and a private backyard, this delightful home is an ideal choice for a weekend retreat, full-time residence or investment property. Filled with character and charm, the home has a warm, inviting feel while offering the convenience of numerous updates completed in recent years. Improvements include an updated eat-in kitchen with appliances, renovated 4-piece bathroom, updated flooring and fixtures, plumbing and electrical upgrades, inviting electrical fireplace in the living room and a backyard storage shed. The main house roof and eavestroughs were replaced in 2020. Step outside to enjoy the private backyard, a peaceful space to relax, entertain or simply enjoy your own outdoor oasis-an especially appealing feature for a property so close to the energy and amenities of downtown. Imagine spending summer evenings enjoying Stratford's vibrant theatre and dining scene, with many of the city's best attractions just minutes from your door. Whether you're searching for a low-maintenance Stratford escape, a convenient downtown home or a promising investment, this property offers an exceptional location and plenty of possibilities. Inclusions: Fridge, stove, washer and dryer.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. Age100+
Size700-1100 sq. ft.
Property Tax$2,646
Lot Size40 ft x 64.8 ft
mls© NumberX13812486
Listed BySutton Group - First Choice Realty Ltd.

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%
$2,042
Property tax
$221
Heat allowance
$150
Housing costs
$2,413 / mo

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

Down payment20% · $79,800
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

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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