194 Norwood Court, Stratford

$699,900
194 Norwood Court

$699,900

New
22d
DetachedBungalow-Raised

194 Norwood Court, Stratford

Total Monthly Obligation $3,695

HausQ Valuation Report
Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
22d
Score
18
Yield
4.7%
Cash on Cash
-4.9%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-X13847552
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-137.39 × 98 ft
Listed on site-Oct 1, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,957 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX A-B Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stratford
Title-Residential Freehold

No agent assigned

Welcome to 194 Norwood Court, a recently updated, move-in-ready raised bungalow in a mature neighbourhood. This all-brick detached home offers 1,405 sq. ft., 3 bedrooms on the main floor, two bathrooms, hardwood flooring, and a large attached garage. The fully finished basement features a gas fireplace and includes an additional bedroom. Conveniently located close to highly rated schools, a recreation centre and a farmers market, this remodeled home is ready for its next owner.

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,695/mo
Mortgage $2,823
Monthly Loss $2,952
Principal$743
Interest$2,080
Property Tax$496
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$33,204/yr
NOI
$19,427/yr
Net Cash Flow
-$1,204/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.2/ 100

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

Comparables

Properties near 194 Norwood Court

Time

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Data last updated within the past 24 hours.