512 Downie Street, Stratford

$359,900
512 Downie Street

$359,900

New
22d
Detached2 1/2 Storey

512 Downie Street, Stratford

Total Monthly Obligation $2,178

Beds
4
Baths
1
Park
2
Sqft
1100-1500
DOM
22d
Score
38
Yield
8.8%
Cash on Cash
11.2%
Cap Rate
7.0%
5Y IRR
24.6%
10Y IRR
22.2%
Property Type-Detached
MLS® Number-X13849702
Beds-4
Bathrooms-1
Size-1100-1500 sqft
Lot Size-33.83 × 66 ft
Listed on site-Oct 1, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$4,216 (2025)
Parking-2 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Other
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-2 weeks from unconditional
Neighbourhood-Stratford
Title-Residential Freehold

No agent assigned

Embrace the enduring charm and remarkable versatility of this classic 2+ storey red-brick century home centrally located at 512 Downie Street in the vibrant heart of Stratford. Perfectly tailored for asset-building portfolios or anyone with a creative personal style looking for a blank canvas that this expansive property offers. The generous layout features four bedrooms and a cozy sitting area. Creative minds will appreciate the exceptional design flexibility found in the unfinished third-floor loft- complete with its own dedicated staircase; ideal for a creative studio - and full basement featuring a convenient separate side entrance. Step outside to relax on the fully covered front porch, a quintessential character feature perfect for morning coffee or warm summer evening gatherings. Positioned on a central unmatched location that puts you just a 10-minute stroll from Stratford's historic downtown core, placing world-class theatres, artisanal coffee shops, renowned local restaurants and scenic Avon River trails right at your doorstep. Residents are also steps from neighborhood parks, while professionals and students are just a quick two-minute trip from the University of Waterloo Stratford Campus. Centrally located for commuters to utilize the proximity to major regional hubs of Kitchener, Waterloo, Woodstock and London.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$287,920
Land Transfer Taxes$3,874
Legal Fees (Est.)
$
Total cash required for closing$77,354

Total Monthly Obligation

$2,178/mo
Mortgage $1,452
Monthly Loss $1,796
Principal$382
Interest$1,070
Property Tax$351
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.5%44
Cash-on-Cash
3.2%15
5-Year IRR
18.4%87
10-Year IRR
17.5%
Returns Index
50.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
38/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$31,800/yr
NOI
$19,904/yr
Net Cash Flow
$207/mo
Cash Margin
7.8%19
Cash Flow Index
19.2/ 100
Risk Profile
Weight: 20%
DSCR
1.1439
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
44.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 512 Downie Street

Time

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Data last updated within the past 24 hours.