36 Cherry Street, Stratford

$549,500
36 Cherry Street

$549,500

Sold Conditional Escape
21d
Detached2-Storey

36 Cherry Street, Stratford

Total Monthly Obligation $2,899

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
21d
Score
22
Yield
5.7%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-X13857530
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-33 × 152 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$3,687 (2025)
Parking-4 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stratford
Title-Residential Freehold

No agent assigned

Public Remarks: Welcome to 36 Cherry Street, a beautifully maintained 3-bedroom, 2-bath century home offering classic charm and incredible potential in one of Stratford's most desirable, tree-lined mature neighbourhoods. Step onto the inviting covered front porch, perfect for morning coffee, and into a bright open living room with original hardwood floors and elegant crown moulding. The kitchen features updated appliances, crisp white cabinetry, and a functional galley layout with direct access to a versatile main-floor family room - ideal for relaxing or entertaining. A striking oak staircase with original wood trim leads to the upper level, showcasing the home's timeless architectural details. The basement offers a flexible bonus room with excellent potential for a home office, extra bedroom, or additional living space to suit your needs. Outside, enjoy a true backyard oasis. The spacious, private yard features a covered deck with pergola - perfect for outdoor dining and entertaining - plus lush gardens, mature trees, and a standout impressive detached workshop, complete with hydro and insulation, offering endless possibilities for hobbyists, tradespeople, or additional storage. Located within walking distance to downtown Stratford, top-rated schools, parks, and the scenic Avon River, this home offers the perfect blend of small-town charm and everyday convenience. Move-in ready with room to make it your own - a rare opportunity in a highly sought-after location. Don't miss your chance to own this character-filled gem with unmatched backyard appeal and workshop space. Book your private showing today!

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

Closing Costs

Mortgage Amount
$439,600
Land Transfer Taxes$7,465
Legal Fees (Est.)
$
Total cash required for closing$118,865

Total Monthly Obligation

$2,899/mo
Mortgage $2,217
Monthly Loss $2,316
Principal$583
Interest$1,633
Property Tax$307
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.2%44
10-Year IRR
11.5%
Returns Index
23.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$31,200/yr
NOI
$19,893/yr
Net Cash Flow
-$559/mo
Cash Margin
-21.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
28.7/ 100

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

Comparables

Properties near 36 Cherry Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.