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Property Type: Detached HouseOwnership: Freehold
21 MERCER STREET
Stratford, ON N5A6J5
MLS® X14081032
$699,900
3 bed2 bath5 parking
Open House
Saturday, October 31
10:30 AM – 12:00 PM
Saturday, October 31
1:00 PM – 2:30 PM
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1.5
- Lot size
- 34.2 x 125.5 FT
- Frontage
- 34.2 feet
R2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,597.15 (2025)
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Main level | — |
| Utility room | Basement | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Other | Main level | — |
| Primary Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
| Bathroom | Second level | — |
| Family room | Basement | — |
| Bathroom | Basement | — |
Description
Get ready to fall in love with this beautifully updated century home perfectly situated in the desirable Avon Ward, just blocks from the river and downtown! Step inside through the inviting enclosed porch and discover a bright and welcoming main floor designed for comfortable everyday living and entertaining. The spacious living room flows into a separate dining room, creating the perfect setting for family dinners and gatherings, and continues into an oversized and updated chef-inspired kitchen featuring quartz countertops, generous prep space, storage galore, and is truly the heart of the home. Upstairs features a primary bedroom with a huge walk-in closet, two additional generously sized bedrooms, and a beautifully updated bathroom. The finished basement provides valuable additional living space, perfect for family movie nights, a recreation room, an office, or accommodating overnight guests. An additional updated bathroom/laundry room adds even more functionality to this versatile space. Step outside to discover a large, fully fenced backyard offering exceptional privacy and plenty of room for outdoor entertaining, gardening, relaxing, or enjoying time with family, friends, and pets. The detached garage provides excellent flexibility for additional storage or a workshop. Unbeatable location, incredible outdoor space, lots of parking, and updates throughout, this home offers so much love. Situated on a very quiet street with the river and downtown just moments away, this charming home is ready to welcome its next chapter! (id:63161)
Listing Information
- MLS®
- X14081032
- Tax assessment year
- 2025
- Data last synced
- October 29, 2026
Home and Company Real Estate Corp Brokerage
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Home and Company Real Estate Corp Brokerage
MLS® Number: X14081032
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: 5 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.
60 m away
Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$383.10
Total monthly cost$3,995.51
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$44,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,078.00
Cash Needed at Closing
Minimum down payment$44,990
Estimated Land Transfer Tax (LTT)$10,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,963
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.
