115 Manuel Street, Stratford

$547,779
115 Manuel Street

$547,779

New
15d
Att/Row/Townhouse2-Storey

115 Manuel Street, Stratford

Total Monthly Obligation $2,585

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
15d
Score
23
Yield
5.3%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Att/Row/Townhouse
MLS® Number-X14004498
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-20 × 90.85 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-TEAM 2000 REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle, Shingles
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-Tentative/TBA
Neighbourhood-Stratford
Title-Residential Freehold

No agent assigned

This home is eligible for the HST Rebate. The list price is Net of HST. Welcome to Avon Park by Cachet Homes. This brand-new, 20-foot-wide freehold townhome offers traditional two-storey living with absolutely no POTL or condo fees. The exterior showcases a modern architectural style, complete with oversized windows to the front elevation and sloped roof pitches. Inside, the home boasts bright, sun-filled rooms and premium upgrades throughout. The main level features a generous foyer with a large double-door closet, 9-foot smooth ceilings, pot lights and stained hardwood flooring that flows seamlessly through the main hallway into the family room, perfectly complemented by a matching stained handrail and upgraded wrought iron style spindles. Designed for entertaining, the expansive open-concept layout includes a spacious living area and a stunning kitchen outfitted with quartz countertops, extended upper cabinets. Leading you to the second level, upgraded carpeting throughout, convenient laundry room with a linen closet. The primary suite serves as a serene retreat, complete with an oversized walk-in closet and a luxurious ensuite bathroom featuring double basins and a glass shower enclosure. Perfectly located just minutes from the historic city centre, Avon Park offers easy access to shops, restaurants, schools, and picturesque parks along the Avon River. Enjoy Stratford's vibrant arts scene and friendly community atmosphere. Model: Freesia "B" approx. 1,594 sq.ft.

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

Closing Costs

Mortgage Amount
$438,223
Land Transfer Taxes$7,431
Legal Fees (Est.)
$
Total cash required for closing$118,487

Total Monthly Obligation

$2,585/mo
Mortgage $2,210
Monthly Loss $2,003
Principal$581
Interest$1,628
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.3%3
5-Year IRR
12.2%52
10-Year IRR
12.3%
Returns Index
27.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$28,896/yr
NOI
$21,506/yr
Net Cash Flow
-$417/mo
Cash Margin
-17.3%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
32.2/ 100

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

Comparables

Properties near 115 Manuel Street

Time

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