74 Morgan Street, Stratford, ON

$589,000
MLS#:X12004961
4 beds
2 baths
700-1100 sqft
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on March 15, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Stratford. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $589,000 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
  • Generous living space spanning 700-1100 sqft on a premium 39.49 x 130.76 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Water Heater, Water Softener, Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This lovely bungalow is within a short walking distance to schools, churches, walking trails and parks. The open concept main floor has access to the private back yard that with an updated two tiered back deck. Summer will expose the wonderful gardens and the quaint workshop/ garden shed for storage or a place to putter. There are two bedrooms and a four piece bath on the main floor. Currently the laundry has been brought up to the second bedroom but easily changed to the lower level. As you enter the lower level you step right into the spacious family room with a cozy gas fireplace. A perfect setting for gatherings. There are two more rooms that can be bedrooms or an office. A second two piece bathroom , oversized windows and plenty of storage finish off the lower level. It's a treasured home waiting for another couple or family to enjoy. Neighbors are important and here you will find wonderful friends. Come see it in person to see for yourself!

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Property Summary

This detached home located at 74 Morgan Street, Stratford is currently for sale and has been available on SousaSells for 502 days. This property is listed at $589,000 with an estimated mortgage of $1,961* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 74 Morgan 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
4
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 15, 2025
Sold price information is available to members only
Listed Date3/6/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick, Vinyl Siding
BasementFull, Finished
Lot Size39.49 × 130.76 Feet
CountyPerth
Annual Tax$3,270
Legal DescriptionLt 18 Pl 527 City of Stratford

Parking & Garage

Parking Total3.0
Parking Space3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, Place Of Worship, Wooded/Treed, School, Park

Interior Features

Water Heater, Water Softener, Storage, Storage Area Lockers, Primary Bedroom - Main Floor

Security Features

Community Features

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Location

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74 Morgan 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 74 Morgan Street S, Stratford, ON N5A 7V2

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$176,700 (30.0%)
* Minimum Canadian down payment required for this price is $33,900.
Amortization Period30 Years
Estimated Monthly Payment$1,961Based on a loan of $412,300 over 30 years.
Purchase Price$589,000
Loan Amount$412,300
Provincial Land Transfer Tax:$8,255
Total Estimated Closing Taxes:$8,255

About Purchasing a Home in Stratford, ON

For a property listed at $589,000 in Stratford, the legal minimum down payment is $33,900 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 $8,255 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 $8,255.

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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.