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Property Type: Detached HouseOwnership: Freehold
246 PATRICIA Road
Stratford, ON N5A7B4
MLS® 40869025
$470,000
3 bed2.5 bath3 parking1,485 sqftBuilt 1975
Open House
Saturday, October 31
10:30 AM – 12:00 PM
Property Details
Property & Lot
- Sub-type
- House
- Style
- Other
- Stories
- 2
- Frontage
- 30 feet
R2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,276.13
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | — |
| 2pc Bathroom | Basement | — |
| Recreation room | Basement | 20'3'' x 16'11'' |
| Bedroom | Second level | 13'7'' x 10'1'' |
| Bedroom | Second level | 10'6'' x 9'2'' |
| Primary Bedroom | Second level | 13'9'' x 10'1'' |
| 4pc Bathroom | Second level | — |
| Living room | Main level | 11'6'' x 17'7'' |
| Dining room | Main level | 8'11'' x 10'5'' |
| Kitchen | Main level | 7'11'' x 7'10'' |
Description
WELCOME TO YOUR NEW HOME! Attention first-time homebuyers and investors alike: this is the one you've been waiting for! Tucked away in a family-friendly Stratford neighbourhood, this well-maintained home is located within 500m of the nearest park and school. As you arrive, you'll notice the driveway offers parking for 3 cars. Step into the bright main floor, where updated laminate flooring flows throughout. The kitchen features a newer range hood (October 2026) and a pass-through window to the living room. Head upstairs to find updated vinyl plank flooring. The bathroom features a renovated shower with newer tiles for an updated look. The basement offers plenty of possibilities and features a 2-piece bathroom with an additional shower rough-in. Outside, the fully fenced yard offers a newer shed giving you extra room for tools, bikes, and seasonal storage. Book your showing today! (id:63161)
Listing Information
- MLS®
- 40869025
- Data last synced
- October 29, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40869025
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
$316/sqft
Building average
—
No other active listings in this building
22 - Stratford average
$399/sqft
25 active listing(s)
Parking: 3 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:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($23,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$376,000.00
Periodic payment — Principal & Interest (monthly)$2,425.82
Additional monthly expenses (condo fees, tax, utilities, etc.)$347.01
Total monthly cost$2,772.84
Interest paid over 5-yr term$107,762.68
Balance at end of term$338,213.22
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$23,500
Stress test qualifying rate8.19%
Payment you must qualify for$3,462.05
Cash Needed at Closing
Minimum down payment$23,500
Estimated Land Transfer Tax (LTT)$5,875
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,875
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.
