$948,500
For sale: Multiplex

This large classic home, with many architectural features, is located in one of Stratford's most sought after mature neighbourhoods with an easy walk to downtown, Victoria Lake, park system, all theatres and schools (primary and secondary). A portion of the property is currently tenanted, offering immediate rental income to support financing - with the flexibility to transition the space to personal use when the time is right.The primary entrance from the generous porch leads to a large three bedroom, two bathroom suite on the second floor which is currently vacant. Second unit, currently tenanted, is accessed from the rear garden and offers two bedrooms, a full bath, powder room, sunroom and deck. The floor plan offers a simple conversion back to a one family home. The mature lot is well landscaped. The above ground pool in backyard belongs to the tenants and is not included.
Sold data
Homes in Stratford took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 61, across 115 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.
The median sale price was $579,900.
Homes sold for about 1.3% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 115 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Stratford has 13 Fraser Institute–rated schools (11 elementary and 2 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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