For Sale

159 ONTARIO Street, Stratford, Ontario N5A3H1

$1,280,000

159 ONTARIO Street, Stratford, Ontario N5A3H1 is For Sale and has a listing price of 1,280,000. The property is located in the Stratford neighbourhood. It's been on the website for 124 Days.

  • Office
    Property Type
  • 3
    Parking Spaces
  • MLS ID: 40592193
  • Office Name ONE PERCENT REALTY LTD.
Property Description

Be the proud owner of one of the most iconic Commercial buildings in Downtown Stratford with a very attractive cap rate! One of the most desirable high profile commercial / residential building in the heart of Downtown Stratford! This attractive yellow brick building located on the highly visible corners of Ontario and Waterloo St S, features a walk up basement and parking for 3 vehicles on the concrete parking space behind the building. The upper level has been stunningly renovated with 2 furnished luxury style apartments with a controlled entrance at 72 Waterloo St S, a successful air BnB with ongoing reservations for the 2024 Festival Season. The new owner could continue with the current seasonal air BnB use, or may decide to live in one unit and rent out the other unit for short or long term use or rent out both apartments for long term rentals. The main floor and basement space are home to a popular and award winning Restaurant/Cocktail bar. (id:43137)

Property Details
  • MLS ID: 40592193
  • Price: $1,280,000
  • Transaction Types: For Sale
  • Ref ID: 26920140
  • Year Built: N/A
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
05/21/2024 40592193 $1,280,000 For Sale - -
10/13/2023 40499608 $1,799,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Stratford
  • $829,284 Average List Price
    based on 1 year
  • 72 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 89.89 % Up
  • Sold (12mo) 27
  • Rented (12mo) 7

  • 1 Month Change +6.2%
  • 3 Month Change -0.0%
  • 6 Month Change +7.6%
Walkscore
Property Type Distribution
  • All Houses
    69.56%
  • Commercial
    14.4%
  • Condo
    15.19%
  • Land for Sale
    0.85%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 Full
  • Water Municipal Water
  • Exterior Brick
  • Total Parking Spaces: 3
  • Property Features Southern Exposure
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 21/05/2024 00:00:00
  • Zoning Res-5
  • Agent Name: CHARLENE BEVERLY WITT
  • Address Subdivision: 22 - Stratford
  • Last Updated: 28/07/2024 14:17:08
Open House Dates
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