$699,900

For sale

21 Mercer Street, Stratford - Single Family for Sale

21 Mercer Street, Stratford, Ontario, N5A6J5

3 beds2 baths5 parking1,300 ft²34 × 126 ft (4,292 sq ft) lot sizeListed 22 days ago

Overview

This 3-bedroom, 2-bathroom home in Stratford is for sale offering roughly 1,300 sq ft of space. It has been on the market 22 days, fresher than the Stratford average of 103 days.

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Description

Get ready to fall in love with this beautifully updated century home perfectly situated in the desirable Avon Ward, just blocks from the river and downtown! Step inside through the inviting enclosed porch and discover a bright and welcoming main floor designed for comfortable everyday living and entertaining. The spacious living room flows into a separate dining room, creating the perfect setting for family dinners and gatherings, and continues into an oversized and updated chef-inspired kitchen featuring quartz countertops, generous prep space, storage galore, and is truly the heart of the home. Upstairs features a primary bedroom with a huge walk-in closet, two additional generously sized bedrooms, and a beautifully updated bathroom. The finished basement provides valuable additional living space, perfect for family movie nights, a recreation room, an office, or accommodating overnight guests. An additional updated bathroom/laundry room adds even more functionality to this versatile space. Step outside to discover a large, fully fenced backyard offering exceptional privacy and plenty of room for outdoor entertaining, gardening, relaxing, or enjoying time with family, friends, and pets. The detached garage provides excellent flexibility for additional storage or a workshop. Unbeatable location, incredible outdoor space, lots of parking, and updates throughout, this home offers so much love. Situated on a very quiet street with the river and downtown just moments away, this charming home is ready to welcome its next chapter! (id:66096)

Property Details

MLS®: X14081032
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,300 ft²
Lot Size: 34 × 126 ft (4,292 sq ft)
Frontage: 34 ft
Storeys: 1
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $4,597.15/yr
Listed

Rooms

Main level

Dining room: 3.33 x 4.34 meters
Kitchen: 3.53 x 4.65 meters
Living room: 3.96 x 3.57 meters
Other: 1.52 x 1.22 meters

Basement

Utility room: 3.35 x 4.08 meters
Family room: 3.2 x 5.16 meters
Bathroom: 3.17 x 2.59 meters

Second level

Primary Bedroom: 3.84 x 3.17 meters
Bedroom 2: 2.96 x 3.73 meters

Features

Appliances: Washer, Refrigerator, Water meter, Water softener, Dishwasher, Stove, Dryer, Water Heater
Foundation: Concrete
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Stratford listings, avg age

103d

Price / ft²

$538

List price

$700K

Haho

This 3-bed single family in Stratford has been listed for 22 days, which is 81 days fresher than the city average of 103. Act while there is still low competition.

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Listed by Home and Company Real Estate Corp Brokerage · GERRAD EVERARD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5A)

This home lists at $699,900, about 9.1× the local median household income of $77,000.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 78% above the area median.

Median household income: $77,000
Population: 32,898
Median age: 46.4
Owner / renter: 66% / 35%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N5A)

$699,900· $538/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$383/mo

Total monthly$4,014

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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