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Listed 1 month ago

69 Cherry Street

Stratford, Stratford

$539,900

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

This solid, 2-storey brick century home has been meticulously cared for by the same family for over 60 years and is ready for its next chapter. Featuring 3 bedrooms and 2 bathrooms, the home offers a functional layout enhanced by a large, bright family room addition on the main floor. The finished basement provides excellent additional living space for a media room or home office.Situated on an impressive, deep lot with mature trees, the outdoor space is an absolute highlight and includes a covered patio with walk out doors from the family room and a covered hot tub. The property includes two functional storage sheds, one featuring electrical hookups for a workshop or hobby house. A rare combination of historic charm, functional square footage, and expansive outdoor space. Call your Realtor today to schedule your private showing.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$3,738
Lot Size33 ft x 152 ft
mls© NumberX13739712
Listed ByRoyal LePage Hiller 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 actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,763
Property tax
$312
Heat allowance
$150
Housing costs
$3,225 / mo

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

Down payment20% · $107,980
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$107,980

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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