Homula Realty Brokerage
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5 WILCOX Street, Stratford, ON N5A 0L3

3 beds · 3 baths · 1 kitchen · 6 rooms · 2 parking spaces · 1500-2000 sq ft · Att/Row/Townhouse
$489,900

Homeownership should feel exciting, achievable, and full of possibility. Welcome to Festival West, one of Stratford's newest communities, where this brand-new 1,560 sq. ft. freehold interior townhome offers the space, style, and value to make your next chapter feel right from the start. Featuring 3 bedrooms and 2.5 bathrooms, the thoughtfully designed floor plan flows naturally from one space to the next. The carpet-free main floor is bright, open, and made for everyday living - from quiet mornings at the kitchen table to evenings spent entertaining family and friends. Upstairs, the primary bedroom offers a private retreat with its own ensuite bathroom and walk-in closet, while two additional bedrooms provide flexibility for children, guests, a home office, or whatever life calls for next. Downstairs, the unfinished basement with a rough-in for a future bathroom offers even more potential. Finish it when the time is right and create the rec room, gym, office, or additional living space you've been imagining. Best of all, this home is completely freehold with no monthly condo fees. Fresh sod and an asphalt driveway are included, and homeowners can choose between a 5-piece standard appliance package voucher OR $5,000 in Decor Dollars to help make their new home their own. For eligible home buyers, HST has already been excluded from the purchase price in accordance with applicable new-home rebates, allowing you to benefit from those savings upfront rather than waiting to receive them later. Brand-new, low-maintenance, and filled with possibilities - this is an opportunity to put down roots in a growing Stratford community and create a home that feels entirely your own.

MLS number
X13698490
Type
Att/Row/Townhouse
Status
Active
Bedrooms
3
Bathrooms
3
Postal code
N5A 0L3
Photos
1
Laundry
Not in the unit
23days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$97,980 · minimum here is $24,495
$2,169.17per month
Borrowed before insurance$391,920
Total borrowed$391,920
Interest over 25 years at 4.5%$258,831

If you rented it out

-$2,169.17per month out of pocket
Rent$0.00
Everything it costs to hold$2,169.17
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by REAL BROKER ONTARIO LTD.. Listing data provided by the Toronto Regional Real Estate Board.