257 Ontario Street, Stratford, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Stratford. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $629,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 42.3 x 132.3 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Water Heater
- equipped with other central cooling and highly efficient forced air heating via gas
Description
LOCATION, LOCATION, LOCATION! Prime opportunity in the heart of Stratford, just steps from downtown and minutes from the Stratford Festival Theatre. Built in 1904, this charming red brick century home has been proudly owned by the same family for over five decades, and formally operated as a B&B. Full of character and history, it offers a rare opportunity in one of Stratford's most desirable neighbourhoods.The home features five bedrooms across two levels, with three upstairs and two on the main floor. The main floor offers flexible living space, including a front room currently used as a bedroom, separated by a non-structural wall that may be removed to restore a larger open living area.The rear addition, which includes the kitchen and a back room, is the primary area ready for renovation and presents excellent potential for modernization.A standout feature is the large backyard, offering exceptional space for gardening, entertaining, and family enjoyment.Located within walking distance of schools, shops, restaurants, theatres, and all downtown amenities, this is a rare opportunity to own a character filled home in a premier Stratford location.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Fenced Yard, Greenbelt/Conservation, Hospital, Park, Place Of Worship
Interior Features
Carpet Free, Primary Bedroom - Main Floor, Water Heater, Water Meter
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 257 Ontario Street, Stratford, ON N5A 3H6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Stratford, ON
For a property listed at $629,900 in Stratford, the legal minimum down payment is $37,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,073 for this transaction. As this listing is in Stratford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,073.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
