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Listed 10 days ago

108 Shakespeare Street

Stratford, Stratford

$275,000

Detached|2-Storey
3 | 2 | 1
About this home

Property Sold "As Is, Where Is". This property has tons of potential. Zoned R2 and currently divided into 2 above grade units, each with its own entry. Conveniently located across the street from the Train Station, with Via Rail and now daily Go Train Service to/from Union Station. Perfect for Commuters. Walk up the street to Shakespeare Street Park. Minutes to Downtown Stratford with its many shops, restaurants and Famous Stratford Festival Theatres. Great Investment Opportunity, live in one unit and rent the other out!

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,772
Lot Size30 ft x 124.7 ft
mls© NumberX13829054
Listed ByACCSELL REALTY INC.

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%
$1,408
Property tax
$314
Heat allowance
$150
Housing costs
$1,872 / mo

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

Down payment20% · $55,000
25-yr amortization

Income needed

$58,000

gross annual household income

Payment at 4%
$1,157 / mo
Cash down
$55,000

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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