$520,000

$539,900For salePrice drop↓ $19,900 (4%)

69 Cherry Street, Stratford - Single Family for Sale

69 Cherry Street, Stratford, Ontario, N5A2E9

3 beds2 baths4 parking1,300 ft²33 × 152 ft (5,016 sq ft) lot sizeListed 64 days ago

Overview

This 3-bedroom, 2-bathroom home in Stratford is for sale offering roughly 1,300 sq ft of space. Listed at $520,000, it is attractively priced about 20% below the $649,900 median asking price in Stratford. It has been on the market 64 days, fresher than the Stratford average of 103 days.

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Description

This solid, 2-storey brick century home has been meticulously cared for by the same family for over 60 years and is ready for its next chapter. Featuring 3 bedrooms and 2 bathrooms, the home offers a functional layout enhanced by a large, bright family room addition on the main floor. The finished basement provides excellent additional living space for a media room or home office.Situated on an impressive, deep lot with mature trees, the outdoor space is an absolute highlight and includes a covered patio with walk out doors from the family room and a covered hot tub. The property includes two functional storage sheds, one featuring electrical hookups for a workshop or hobby house. A rare combination of historic charm, functional square footage, and expansive outdoor space. Call your Realtor today to schedule your private showing. (id:66096)

Property Details

MLS®: X13739712
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 33 × 152 ft (5,016 sq ft)
Frontage: 33 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Main level

Dining room: 2.5 x 4.57 meters
Family room: 4.67 x 7.14 meters
Kitchen: 2.47 x 5.49 meters
Living room: 3.2 x 5.16 meters

Basement

Utility room: 2.72 x 3.84 meters
Bathroom: 0.84 x 1.45 meters
Recreational, Games room: 2.9 x 5.08 meters

Second level

Bathroom: 2.01 x 1.96 meters
Bedroom: 2.11 x 2.9 meters

Features

Appliances: All, Washer, Refrigerator, Central Vacuum, Gas stove(s), Dryer, Microwave, Freezer, Water Heater
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

Stratford listings, avg age

103d

Price / ft²

$400

List price

$520K

Haho

This 3-bed single family in Stratford has been listed for 64 days, which is 39 days fresher than the city average of 103. Act while there is still low competition.

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Listed by Royal LePage Hiller Realty · DAVE FAIR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5A)

This home lists at $520,000, about 6.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $101,574 (20% down, 25-yr amortization, stress-tested) — roughly 32% 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)

$520,000· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment5.19% · $27,000

Min 5.19%50%

Mortgage payment$2,733/mo

↳ CMHC premium ($19,720 capitalized)

Property tax (est.)$312/mo

Total monthly$3,045

Cash Needed to Close

Down payment (5.19%)$27,000

Land transfer tax$6,875

Est. closing costs$4,060

Total cash needed$37,935

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