248 Romeo Street, Stratford, ON

$499,900
MLS#:X11908825
3 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Stratford. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 41.47 x 79.76 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Attention 1st Time Buyers! This traditional 3 bedroom home has been completely updated & is move in ready! The main floor offers a cosy living room & formal dining room leading to the updated kitchen featuring new flooring, lighting, counters, backsplash, granite sink, faucet & dishwasher! A convenient 4pc bath is accessed off the rear entry mudroom. The upper level provides a spacious primary bedroom with new 2pc ensuite plus 2 additional bedrooms. Relax outside in the private & fenced yard with patio with gazebo plus a newer garden shed for storage. All appliances are included & early possession is available! Call your Realtor today for more details & arrange a private viewing & be sure to ask for the complete list of updates!!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 3, 2025
Sold price information is available to members only
Listed Date1/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionAluminum Siding
BasementFull
Lot Size41.47 × 79.76 Feet
CountyPerth
Annual Tax$2,654.58
Legal DescriptionPT LOT 157 PL47 STRATFORD AS IN R294748; STRATFORD

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Public Transit, School, Fenced Yard

Interior Features

Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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248 Romeo Street, Stratford, ON
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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 248 Romeo Street S, Stratford, ON N5A 4T5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Stratford.

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Interest Rate5.25%
Down Payment$24,995 (5.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period25 Years
Estimated Monthly Payment$2,830Based on a loan of $474,905 over 25 years.
Purchase Price$499,900
Loan Amount$474,905
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Stratford, ON

For a property listed at $499,900 in Stratford, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

Nearby Listings

Distance:

No current listings found in Stratford.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Stratford, Stratford.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$658,095

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Jeanne Sauvé
Public8 Grange Street, Stratford, Ontario, N5A 3P6
6.4
Romeo
Public49 Rebecca Street, Stratford, Ontario, N5A 3P2
3.8
Shakespeare
Public35 Mowat Street, Stratford, Ontario, N5A 2B8
4.3
St Aloysius
Public228 Avondale Avenue, Stratford, Ontario, N5A 6N4
7.4
Hamlet
Public315 West Gore Street, Stratford, Ontario, N5A 7N4
5.2

Secondary Schools

Stratford District
PublicFreeland Drive, Stratford, Ontario, N5A 1L4
5.4
St. Michael
Catholic240 Oakdale Avenue, Stratford, Ontario, N5A 7W2
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.