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Listed 2 months ago

Lot 3 - 119 Dempsey Drive

Stratford, Stratford

$813,097

Detached|2-Storey
3 | 4 | 4 | 0
About this home

This exceptional Rosalind model is situated on a premium ravine lot with no rear neighbours, backing directly onto lush green space and scenic community trails. Located in one of Stratford's newest and most sought-after neighbourhoods, this stunning home offers the perfect balance of modern living, natural surroundings, and urban convenience. Minutes from vibrant Downtown Stratford, renowned for its theatres, restaurants, boutique shopping, cafes, and year-round cultural events. Everyday conveniences are equally close at hand, with easy access to Stratford Mall, grocery stores, schools, parks, recreation facilities, and healthcare services. Designed with comfort and functionality in mind, the bright open-concept main floor welcomes you through a spacious tiled foyer and flows seamlessly into the principal living and entertaining areas. The second level features three generously sized bedrooms, including a spacious primary retreat, 2.5 bathrooms, and the convenience of upper-level laundry. Quality craftsmanship and thoughtful upgrades are showcased throughout, including upgraded flooring, designer lighting, a rear deck, finished lower level, and a complete appliance package, making this home truly move-in ready. Fully finished lookout basement with a separate entrance adds exceptional versatility and value. Filled with natural light from oversized lookout windows, this space features a kitchen, bedroom, bathroom, and laundry rough-in, making it ideal for multi-generational living, guest accommodations, income potential, or additional living and entertaining space. This home delivers the perfect blend of location, lifestyle, and long-term flexibility. Flexible closing options of 30+ days, along with opportunities to explore custom-build options and current community promotions.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax---
mls© NumberX13659594
Listed ByCORCORAN HORIZON REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,162
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$4,312 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $162,619
25-yr amortization

Income needed

$133,000

gross annual household income

Payment at 4%
$3,422 / mo
Cash down
$162,619

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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