333 Ontario Street, Stratford, ON

$499,900
MLS#:X11952077
3 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on February 22, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Stratford. Expertly crafted featuring premium vinyl siding and other construction, this residence presents an exceptional opportunity offered at $499,900 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 32.4 x 119.3 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: Storage Area Lockers, Separate Heating Controls, Sump Pump
  • equipped with wall unit(s) central cooling and highly efficient forced air heating via gas

Description

Triplex !!! Three ( 3 ) family residential complex -LEGAL apartment building. Letter confirming the legality and compliance with FIRE DEPARTMENT on file. Dreaming of owning an investment property but thought it was out of reach? Now is your chance! This centrally located triplex is perfect for a young landlord looking to build equity and generate steady rental income. With a little TLC, this property has incredible potential to increase in value and cash flow. Do not miss out on this rare opportunity to invest in the heart of the city. Start your real estate journey today. Building features two ( very much in demand) one-bedroom apartment units- approximately 400 sq. feet each (constructed in 2003) with full basement which is housing storage units for all units plus coin operated laundromat for the extra income. PROPERTY also includes original house approximately 816 sq feet with 1 bedroom, separate basement for storage. There are 4 separate hydro meters; 2 x one-bedroom apartments have ductless heat/ac units, original house ( needs renovation) -has gas heat and central air. Included are :3 fridges, 3 stoves, coined washer/dryer; water heaters ( one rental and two owned). Downtown location. The building is within the proximity to public transit, shopping, schools, parks, City Core, churches, restaurants, a few steps away from park, Lake Victoria and Renowned Stratford Theatre. Call your agent to view it today. This is an awesome investment property to start investing in real estate or to add to your existing portfolio.

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Property Summary

This triplex located at 333 Ontario Street, Stratford is currently for sale and has been available on SousaSells for 533 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 333 Ontario Street, Stratford is in the Stratford neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 22, 2025
Sold price information is available to members only
Listed Date2/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
Architectural Style2-Storey
ConstructionVinyl Siding, Other
BasementUnfinished
Lot Size32.4 × 119.3 Feet
CountyPerth
Annual Tax$3,965.69
Legal DescriptionPLAN 47 E PT LOT 3 WITH & SUBJT TO ROW

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWall Unit(s)

Features

Property Features

Public Transit, School, Place Of Worship, Park, School Bus Route

Interior Features

Storage Area Lockers, Separate Heating Controls, Sump Pump, Water Softener, Water Meter, Water Heater, Separate Hydro Meter

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

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Location

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333 Ontario 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 333 Ontario Street, Stratford, ON N5A 3H7

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$149,970 (30.0%)
* Minimum Canadian down payment required for this price is $24,995.
Amortization Period30 Years
Estimated Monthly Payment$1,664Based on a loan of $349,930 over 30 years.
Purchase Price$499,900
Loan Amount$349,930
Provincial Land Transfer Tax:$6,473
Total Estimated Closing Taxes:$6,473

About Purchasing a Home in Stratford, ON

For a property listed at $499,900 in Stratford, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.

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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$682,442

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
Hamlet
Public315 West Gore Street, Stratford, Ontario, N5A 7N4
5.2

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.