491 Downie Street, Stratford, ON

$655,000
MLS#:X11921009
3 beds
2 baths
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungaloft"] detached located in the coveted neighborhood of Stratford. Expertly crafted featuring premium brick and board & batten construction, this residence presents an exceptional opportunity offered at $655,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 72.54 x 133.48 ft lot size
  • Features a ["unfinished", "crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: On Demand Water Heater, Water Softener, Water Heater Owned
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This stunning 1870 Ontario Cottage has timeless character and unbeatable curb appeal. From the moment you enter the arched entryway, you will witness the history, elegance, and craftsmanship. Original wide-plank floors, 10-foot ceilings, and deep baseboards give a sense of grandeur, while the expansive private lot, adorned with mature trees, secret pathways, and gardens, offers a tranquil retreat just minutes from downtown Stratford. Inside, the home has large, light-filled principal rooms, including a welcoming front parlour and two spacious main-floor bedrooms, making it ideal for all buyers. The kitchen is simple and functional which opens to a charming side porch - the perfect spot to sip your morning coffee. A board-and-batten addition with pine plank floors invites endless possibilities: a cozy den, creative studio, or mudroom with new laundry hook-ups. Venture upstairs via a tucked-away staircase to discover a freshly updated loft featuring a 2 pc powder room, a third bedroom, and an airy open space with great potential which could be reimagined as primary suite, an inspiring art studio, or a playroom. With recent upgrades furnace (2020), municipal sewer line, water heater, and foundation regrading (2021). Don't miss the opportunity to own a Century Home just minutes from the vibrant downtown core.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 3, 2025
Sold price information is available to members only
Listed Date1/13/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Board & Batten
Lot Size72.54 × 133.48 Feet
CountyPerth
Annual Tax$4,775.01
Legal DescriptionPT LT A PL 17 STRATFORD; PT LT B PL 17 STRATFORD AS IN R311896 ; STRATFORD

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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491 Downie Street, Stratford, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 491 Downie Street, Stratford, ON N5A 1Y1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$524,000
Monthly Mortgage$3,045
Property Tax (Est.)$398
Utilities & Maint.$350
Total Monthly Cost$3,793

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Stratford.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Stratford, Stratford.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$651,308

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Jeanne Sauvé
Public8 Grange Street, Stratford, Ontario, N5A 3P6
6.4
Romeo
Public49 Rebecca Street, Stratford, Ontario, N5A 3P2
3.8
Shakespeare
Public35 Mowat Street, Stratford, Ontario, N5A 2B8
4.3
St Aloysius
Public228 Avondale Avenue, Stratford, Ontario, N5A 6N4
7.4
Hamlet
Public315 West Gore Street, Stratford, Ontario, N5A 7N4
5.2

Secondary Schools

Stratford District
PublicFreeland Drive, Stratford, Ontario, N5A 1L4
5.4
St. Michael
Catholic240 Oakdale Avenue, Stratford, Ontario, N5A 7W2
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.