Welcome to this remarkable Bungalow-Raised duplex located in the coveted neighborhood of Stratford. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $589,900 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.
Legal, Purpose-Built Duplex! This one deserves your attention. A pristinely kept property showcasing exceptional owner care that shows very well with excellent tenants. 2 - 2 bedroom spacious units each with their own laundry facilities and separate utility services. Over $27,000 was recently invested into the property including but not limited to, a brand new roof and venting, some bathroom refreshing as well as being freshly painted. A private drive and parking at rear for 3 cars, creates an attractive investment property. Ideal for investors or those seeking a mortgage offset opportunity by living in one unit and having secured rent in the other unit. Or collect over $2400 monthly in total rental income, with tenants paying their own utility costs. Within walking distance to downtown, schools and many amenities, this solid home is a smart addition to your portfolio!
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Hospital, Place Of Worship, Public Transit, Park, School, Rec./Commun.Centre
Separate Heating Controls, Separate Hydro Meter, Sump Pump
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 256 Huron Street, Stratford, ON N5A 5T2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Stratford.
About Purchasing a Home in Stratford, ON
For a property listed at $589,900 in Stratford, the legal minimum down payment is $33,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,273 for this transaction. As this listing is in Stratford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,273.
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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.