246 Patricia Road, Stratford

$470,000
246 Patricia Road

$470,000

New
7d
Semi-Detached 2-Storey

246 Patricia Road, Stratford

Total Monthly Obligation $2,544

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
7d
Score
24
Yield
6.4%
Cash on Cash
3.0%
Cap Rate
5.2%
5Y IRR
18.0%
10Y IRR
16.6%
Property Type-Semi-Detached
MLS® Number-X14085240
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-30.1 × 102.06 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$3,276.13 (2026)
Parking-3 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE WOLLE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-None
Possession-Flexible
Neighbourhood-Stratford
Title-Residential Freehold

No agent assigned

WELCOME TO YOUR NEW HOME! Attention first-time homebuyers and investors alike: this is the one you've been waiting for! Tucked away in a family-friendly Stratford neighbourhood, this well-maintained home is located within 500m of the nearest park and school. As you arrive, you'll notice the driveway offers parking for 3 cars. Step into the bright main floor, where updated laminate flooring flows throughout. The kitchen features a newer range hood (October 2026) and a pass-through window to the living room. Head upstairs to find updated vinyl plank flooring. The bathroom features a renovated shower with newer tiles for an updated look. The basement offers plenty of possibilities and features a 2-piece bathroom with an additional shower rough-in. Outside, the fully fenced yard offers a newer shed giving you extra room for tools, bikes, and seasonal storage. Book your showing today!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$376,000
Land Transfer Taxes$5,875
Legal Fees (Est.)
$
Total cash required for closing$101,375

Total Monthly Obligation

$2,544/mo
Mortgage $1,896
Monthly Loss $2,045
Principal$499
Interest$1,397
Property Tax$273
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.2%4
5-Year IRR
13.2%59
10-Year IRR
13.1%
Returns Index
30.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$30,300/yr
NOI
$19,494/yr
Net Cash Flow
-$271/mo
Cash Margin
-10.7%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
33.3/ 100

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

Comparables

Properties near 246 Patricia Road

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.