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Property Type: Condo / ApartmentOwnership: Condominium
505 - 160 ROMEO STREET
Stratford, ON N5A4S9
MLS® X13657532
$895,000
2 bed2 bath1 parking
Amenities
Also listed: Storage - Locker
Property Details
Property & Lot
- Sub-type
- Apartment
R5(1)-6
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $1,052/mo
- Annual property tax
- $7,699
Maintenance Fee Includes
WaterHeat
Also included: Common Area Maintenance, Insurance
Interior
- Basement
- None
- Heating
- Forced air, Electric
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | — |
| Office | Main level | — |
| Foyer | Main level | — |
| Bedroom 2 | Main level | — |
| Kitchen | Main level | — |
| Primary Bedroom | Main level | — |
| Dining room | Main level | — |
| Bathroom | Main level | — |
| Living room | Main level | — |
| Bathroom | Main level | — |
Description
Welcome to one of Stratford's most desirable condo locations, perfectly situated beside Upper Queen's Park in a peaceful and scenic setting. This spacious 1,538 sq. ft. suite is the largest unit in the building and is ideally located on the 5th floor, offering exceptional space, comfort, and views. Enjoy two private balconies with north and south-east exposures, providing wonderful natural light and inviting outdoor spaces to relax. This warm, friendly, and well-established building is highly regarded by its residents, and it's easy to see why-the current owners have truly loved living here and are happily remaining within the building. The suite includes one underground parking space, visitor parking, and all appliances. Step outside and enjoy daily walks through the beauty of Upper Queen's Park, stroll to the river, walk a few short blocks to downtown Stratford, or enjoy the world-renowned Stratford Festival Theatre nearby. A rare opportunity to enjoy generous condo living in an unbeatable lifestyle location. (id:63159)
Listing Information
- MLS®
- X13657532
- Data last synced
- September 15, 2026
Sutton Group - First Choice Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Sutton Group - First Choice Realty Ltd.
MLS® Number: X13657532
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
$417/sqft
12 active listing(s)
Parking: 1 stall(s) includedStorage locker: Included
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: 7.2% ($64,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$716,000.00
Periodic payment — Principal & Interest (monthly)$4,619.39
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,693.58
Total monthly cost$6,312.97
Interest paid over 5-yr term$205,207.66
Balance at end of term$644,044.32
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$64,500
Stress test qualifying rate8.19%
Payment you must qualify for$6,439.48
Cash Needed at Closing
Minimum down payment$64,500
Estimated Land Transfer Tax (LTT)$14,375
Legal / closing costs (typical estimate)$1,500
Total cash needed$80,375
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.