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New4 days ago

111 Briarhill Drive

Stratford, Stratford

$449,000

Detached|Bungalow-Raised
3 | 2 | 3
About this home

Welcome to 111 Briarhill Drive, a spacious 5-bedroom raised bungalow offering exceptional potential and value in a prime, well-established Stratford neighborhood. Spanning approximately 2,130 square feet across both levels, this home provides a versatile layout designed for growing families or multi-generational living. The main floor features a bright, light-filled living room, a formal dining area, three comfortable bedrooms, and a full bathroom, offering a solid floor plan ready for your design ideas. Downstairs, the fully finished lower level expands your living space with a large rec room, two additional bedrooms, and a second full bathroom, giving everyone plenty of room to spread out. Set on a beautiful, tree-lined street, this property represents an incredible opportunity to renovate and build immediate equity. The Seller will be installing a brand-new roof prior to closing (at the Seller's expense), including the removal of the upper chimney section, providing peace of mind on major exterior maintenance from day one. This work includes new shingles, new flashing, and the complete removal and replacement of any water-damaged roof decking with new plywood. Inside, the home requires new flooring throughout and modern cosmetic updates. Previous roof water penetration affected three interior areas, two of which have been opened and left unfinished for easy buyer inspection. Note that due to the chimney removal at roof level, the basement fireplace will no longer be in wood-burning use, though it offers potential for a future electric or gas fireplace insert. 111 Briarhill Drive provides incredible value and is waiting for you to make it your own. Apart from the roof replacement, the home is being sold in as-is condition.

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agent
Macallum Tepsich
(647) 326-2579

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,882
Lot Size56.13 ft x 111.05 ft
mls© NumberX13850060
Listed ByCentury 21 Heritage House Ltd Brokerage

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%
$2,298
Property tax
$407
Heat allowance
$150
Housing costs
$2,855 / mo

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

Down payment20% · $89,800
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

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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