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Property Type: Detached HouseOwnership: Freehold
12 MERCER STREET
Stratford, ON N5A6J4
MLS® X13222428
$524,900
3 bed2.5 bath4 parking
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 44.2 x 89 FT
- Frontage
- 44.2 feet
Res2(1)
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,892 (2025)
Interior
- Basement
- Unfinished, N/A
- Heating
- Forced air, Natural gas
- Cooling / A/C
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
Description
Location! Location! Location! This three-bedroom, two bathroom brick home in Avon Ward is located in a wonderful residential neighbourhood close to schools, churches and just a short walk to Downtown Stratford. And bonus! If you're a car lover and like to tinker or store your "summer car" for the winter, then this is the perfect garage for you! Some of the upgrades to this home over recent years are: furnace 2024 / roof 2019 / water softener 2024. The upper bathroom was completely redone just a few years ago. This means that you don't have to worry about the big ticket items for years and can concentrate on making this home your very own with your own colours and choice of decor. It's located in lovely old Avon Ward and after all, who doesn't want to live in Avon Ward! (id:63159)
Listing Information
- MLS®
- X13222428
- Tax assessment year
- 2025
- Data last synced
- October 20, 2026
Right At Home Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Right At Home Realty
MLS® Number: X13222428
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of OnePoint Association of REALTORS®.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Stratford average
$393/sqft
28 active listing(s)
Parking: 4 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
8°C
Fog
Humidity 99%
Wind ENE 3 km/h
Tonight
8°
Thursday
20°
Thursday night
5°
Friday
12°
Friday night
0°
Saturday
15°
Source: Environment and Climate Change Canada.
Population
45,195
(2021 Census)
+7.3% since 2016
Density:
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
86 m away
Mortgage & Ownership Cost Calculator
Minimum required: 5.2% ($27,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$419,920.00
Periodic payment — Principal & Interest (monthly)$2,709.18
Additional monthly expenses (condo fees, tax, utilities, etc.)$324.33
Total monthly cost$3,033.51
Interest paid over 5-yr term$120,350.28
Balance at end of term$377,719.40
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$27,490
Stress test qualifying rate8.19%
Payment you must qualify for$3,856.79
Cash Needed at Closing
Minimum down payment$27,490
Estimated Land Transfer Tax (LTT)$6,973
Legal / closing costs (typical estimate)$1,500
Total cash needed$35,963
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
