66 WELLINGTON Street #201, Stratford

$349,900
66 WELLINGTON Street #201

$349,900

New
3d
Condo ApartmentApartment

66 WELLINGTON Street #201, Stratford

Total Monthly Obligation $2,193

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
3d
Score
17
Yield
3.9%
Cash on Cash
-14.0%
Cap Rate
1.6%
5Y IRR
4.7%
10Y IRR
6.2%
Property Type-Condo Apartment
MLS® Number-X14096658
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-100+
Taxes-$2,835.79 (2026)
Maintenance-$345.39/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Sutton Group - First Choice Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Possession-flexible
Neighbourhood-Stratford
Title-Residential Condo & Other

No agent assigned

Step Into Stratford's Spotlight! Historic Charm, Walkability & Investment Appeal! Discover a distinctive downtown retreat in the heart of Stratford's vibrant arts and cultural scene. Set within the sought-after Market Square, this one-bedroom condo offers a unique blend of historic character, urban convenience and an enviable location just steps from the city's celebrated theatres, festivals, restaurants and boutique shops.Inside, the character takes centre stage. Exposed brick walls, classic brick-and-beam details, warm wood flooring and soaring cathedral ceilings create a memorable living space filled with natural light from large windows overlooking the activity of Market Square. The inviting layout features a spacious bedroom with an oversized closet, a bright living and dining area, an updated kitchen and a generous four-piece bathroom. All six upgraded appliances are included, and the entire condo has been professionally repainted. For theatre lovers, artists, festivalgoers and anyone drawn to Stratford's creative energy, this is an opportunity to enjoy the city from the centre of it all. Leave the car behind and experience the restaurants, cafés, galleries, shops, parks and cultural attractions that make Stratford such a desirable destination. An appealing option for investors, this property may suit those looking to explore furnished accommodation for visiting performers, theatre professionals and seasonal guests. The condo can also be offered fully furnished, if desired, creating a convenient, move-in-ready option for a future owner or tenant. With reasonable utility costs and a space designed for comfortable, low-maintenance living, this character-filled condo offers an appealing alternative to ordinary downtown living. Whether you're searching for a unique home, a Stratford getaway or an investment opportunity, Market Square puts you at the centre of the action.

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Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,193/mo
Mortgage $1,411
Monthly Loss $1,822
Principal$371
Interest$1,040
Property Tax$236
Condo Fees$345
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.8%7
Cash-on-Cash
-18.8%0
5-Year IRR
1.2%4
10-Year IRR
4.2%
Returns Index
2.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$13,488/yr
NOI
$2,759/yr
Net Cash Flow
-$1,182/mo
Cash Margin
-105.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.161
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
31.9/ 100

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

Comparables

Properties near 66 WELLINGTON Street #201

Time

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