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Property Type: Detached HouseOwnership: Freehold
221 DEVON Street
Stratford, ON N5A3A1
MLS® 40862851
$599,000
3 bed1 bath2 parking1,077 sqftBuilt 1975
Open House
Sunday, November 1
1:00 PM – 3:00 PM
Property Details
Property & Lot
- Sub-type
- House
- Style
- Bungalow
- Stories
- 1
- Frontage
- 50 feet
R1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,380
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 8'10'' x 9'2'' |
| Bedroom | Main level | 9'1'' x 10'4'' |
| Primary Bedroom | Main level | 10'4'' x 12'4'' |
| Kitchen | Main level | 11'2'' x 13'11'' |
| Dining room | Main level | 8'0'' x 9'6'' |
| Living room | Main level | 12'4'' x 16'7'' |
Description
Charming Stratford Bungalow – Great Opportunity! Welcome to this charming 3-bedroom, 1-bathroom bungalow located in the beautiful and sought-after town of Stratford. Featuring an inviting open-concept kitchen and living area, this home offers a comfortable layout with plenty of potential to make it your own. The unfinished basement provides excellent additional space for storage, a workshop, recreation area, or future finishing possibilities. Included in the rough in for a second bath. With three bedrooms and a practical main-floor layout, this property is a great opportunity for first-time buyers, downsizers, or investors looking to add their personal touches. Enjoy all that Stratford has to offer, with its vibrant downtown, restaurants, shops, parks, theatre, and welcoming community atmosphere. Don't miss the opportunity to make this Stratford bungalow your own! (id:63161)
Listing Information
- MLS®
- 40862851
- Data last synced
- October 28, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40862851
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 Cornerstone Association of REALTORS®.
Values & Trends
This listing
$556/sqft
Building average
—
No other active listings in this building
22 - Stratford average
$388/sqft
25 active listing(s)
Parking: 2 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 100%
Wind ESE 4 km/h
Today
18°
Tonight
6°
Friday
11°
Friday night
0°
Saturday
15°
Saturday night
5°
Source: Environment and Climate Change Canada.
Population
45,195
(2021 Census)
+7.3% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (condo fees, tax, utilities, etc.)$419.00
Total monthly cost$3,510.64
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$34,900
Stress test qualifying rate8.19%
Payment you must qualify for$4,373.89
Cash Needed at Closing
Minimum down payment$34,900
Estimated Land Transfer Tax (LTT)$8,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,855
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.