The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Embrace the enduring charm and remarkable versatility of this classic 2+ storey red-brick century home centrally located at 512 Downie Street in the vibrant heart of Stratford. Perfectly tailored for asset-building portfolios or anyone with a creative personal style looking for a blank canvas that this expansive property offers. The generous layout features four bedrooms and a cozy sitting area. Creative minds will appreciate the exceptional design flexibility found in the unfinished third-floor loft- complete with its own dedicated staircase; ideal for a creative studio - and full basement featuring a convenient separate side entrance. Step outside to relax on the fully covered front porch, a quintessential character feature perfect for morning coffee or warm summer evening gatherings. Positioned on a central unmatched location that puts you just a 10-minute stroll from Stratford's historic downtown core, placing world-class theatres, artisanal coffee shops, renowned local restaurants and scenic Avon River trails right at your doorstep. Residents are also steps from neighborhood parks, while professionals and students are just a quick two-minute trip from the University of Waterloo Stratford Campus. Centrally located for commuters to utilize the proximity to major regional hubs of Kitchener, Waterloo, Woodstock and London.
Demographic data is not available for this area yet.
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,604/mo
Mortgage (principal + interest)$1,253
Property taxFrom listing: $4,216/yr$351
Minimum $16,745 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$66,980
Ontario land transfer taxProvincial brackets, no first-time refund$3,499
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$73,279
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Stratford has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
