306 Douro Street, Stratford, ON

$499,000
MLS#:X12382602
4 beds
2 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Stratford. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,000 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 40 x 123.4 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater
  • Efficient forced air heating via gas

Description

This all brick, two-storey, upper/lower duplex has been owned by the same landlord for a long, long time, but he's no longer living in Stratford. The tenants in the upper unit are long-standing tenants (14 years) who wish to stay. The lower unit has recently had a new shower and sink installed in summer of 2025 and is vacant at this time waiting for the new owners to set the rent or move in themselves. Call your Realtor to arrange a showing. Tenants require 24 hours notice for all showings but you can see the lower unit on short notice. Roof (2019) / furnace (2009) / rental water heater (2021) / new sewer line from the street to the house (2010). The laundry facilities for the upper unit are located in the hallway on the main floor. The main floor unit has laundry hook-ups within the apartment but there is no washer or dryer in that main floor unit. Upper unit has one parking space; lower unit has the longer driveway which will accommodate at three vehicles.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date9/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural Style2-Storey
ConstructionBrick
BasementUnfinished
Lot Size40 × 123.4 Feet
CountyPerth
Annual Tax$4,335.67
Legal DescriptionPart of Lot 468 and Part of Lot 481, Plan 47, City of Stratford, County of Perth as in Instrument #R372849

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Fenced Yard

Interior Features

Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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306 Douro 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 306 Douro Street, Stratford, ON N5A 3S5

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Stratford.

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Interest Rate5.25%
Down Payment$24,950 (5.0%)
* Minimum Canadian down payment required for this price is $24,950.
Amortization Period25 Years
Estimated Monthly Payment$2,825Based on a loan of $474,050 over 25 years.
Purchase Price$499,000
Loan Amount$474,050
Provincial Land Transfer Tax:$6,455
Total Estimated Closing Taxes:$6,455

About Purchasing a Home in Stratford, ON

For a property listed at $499,000 in Stratford, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.

Nearby Listings

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No current listings found in Stratford.

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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$694,396

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
St Aloysius
Public228 Avondale Avenue, Stratford, Ontario, N5A 6N4
7.4
Shakespeare
Public35 Mowat Street, Stratford, Ontario, N5A 2B8
4.3
Bedford
Public59 Bedford Drive, Stratford, Ontario, N5A 5J7
6.8

Secondary Schools

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

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.