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Property Type: Condo / ApartmentOwnership: CondominiumNEW LISTING
304 - 245 DOWNIE STREET
Stratford, ON N5A1X5
MLS® X14120526
96
Walk Score
95
Bike
$375,000
1 bed1 bath1 parking
96
Walk Score
95
Bike
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $354/mo
- Annual property tax
- $2,475
Maintenance Fee Includes
WaterHeat
Also included: Cable TV, Electricity, Insurance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | — |
| Living room | Main level | — |
| Bathroom | Main level | — |
Description
Welcome to Stratford and the exceptional Bradshaw Lofts! This incredibly historic building offers a unique experience in boutique condo ownership. The Clairemont, a stunning third/top floor unit is completely move-in ready, and if turn-key is what you are after, this is an excellent option. The thoughtfully laid out floor plan encompasses all of your needs with beautiful finishes including vinyl plank flooring, high ceilings, and a stunning interior exposed brick wall, and original wood ceiling. Feel the vibe of the arts and culture of this fantastic city from the moment you enter the buidling. It boasts a chic open concept lobby, and shares its space with the trendy wine bar/coffee shop, Brch & Wyn. Also a campus for the University of Waterloo. Perfect for students, educators, Stratford fans, professionals, or the investor who would like to broaden their portfolio with a solid high performing Airbnb unit. Management with an experienced company for the rental option can be continued. Located close to the heart of everything that makes Stratford such a memorable and desired spot to live and visit! (id:63161)
Listing Information
- MLS®
- X14120526
- Data last synced
- October 28, 2026
THRIVE REALTY GROUP INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: THRIVE REALTY GROUP INC.
MLS® Number: X14120526
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 London and St. Thomas Association of REALTORS®.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Stratford average
$417/sqft
12 active listing(s)
Parking: 1 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:
Similar Listings Nearby
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($18,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$300,000.00
Periodic payment — Principal & Interest (monthly)$1,935.50
Additional monthly expenses (condo fees, tax, utilities, etc.)$560.15
Total monthly cost$2,495.65
Interest paid over 5-yr term$85,980.86
Balance at end of term$269,850.97
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$18,750
Stress test qualifying rate8.19%
Payment you must qualify for$2,762.27
Cash Needed at Closing
Minimum down payment$18,750
Estimated Land Transfer Tax (LTT)$4,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,350
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.
