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Property Type: Detached HouseOwnership: Freehold
512 DOWNIE STREET
Stratford, ON N5A1Y2
MLS® X13849702
$334,900
4 bed1 bath2 parking
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2.5
- Lot size
- 33.8 x 66 FT
- Frontage
- 33.9 feet
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,216 (2025)
Interior
- Basement
- Unfinished, N/A
- Heating
- Forced air, Natural gas
- Fireplace
- Yes
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Main level | — |
| Living room | Main level | — |
| Kitchen | Main level | — |
| Sitting room | Main level | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| Other | Upper Level | — |
Description
Embrace the enduring charm and remarkable versatility of this classic 2+ storey red-brick century home centrally located at 512 Downie Street in the vibrant heart of Stratford. Perfectly tailored for asset-building portfolios or anyone with a creative personal style looking for a blank canvas that this expansive property offers. The generous layout features four bedrooms and a cozy sitting area. Creative minds will appreciate the exceptional design flexibility found in the unfinished third-floor loft- complete with its own dedicated staircase; ideal for a creative studio - and full basement featuring a convenient separate side entrance. Step outside to relax on the fully covered front porch, a quintessential character feature perfect for morning coffee or warm summer evening gatherings. Positioned on a central unmatched location that puts you just a 10-minute stroll from Stratford's historic downtown core, placing world-class theatres, artisanal coffee shops, renowned local restaurants and scenic Avon River trails right at your doorstep. Residents are also steps from neighborhood parks, while professionals and students are just a quick two-minute trip from the University of Waterloo Stratford Campus. Centrally located for commuters to utilize the proximity to major regional hubs of Kitchener, Waterloo, Woodstock and London. (id:63161)
Listing Information
- MLS®
- X13849702
- Tax assessment year
- 2025
- Data last synced
- October 27, 2026
RE/MAX REAL ESTATE CENTRE INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX REAL ESTATE CENTRE INC.
MLS® Number: X13849702
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
$393/sqft
28 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 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% ($16,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$267,920.00
Periodic payment — Principal & Interest (monthly)$1,728.53
Additional monthly expenses (condo fees, tax, utilities, etc.)$351.33
Total monthly cost$2,079.86
Interest paid over 5-yr term$76,786.64
Balance at end of term$240,994.91
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$16,745
Stress test qualifying rate8.19%
Payment you must qualify for$2,466.89
Cash Needed at Closing
Minimum down payment$16,745
Estimated Land Transfer Tax (LTT)$3,499
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,744
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.