258 ONTARIO STREET

$659,900

Stratford, Stratford, Ontario

  • 2 beds
  • 2 baths
Residential · Single FamilyType
7Parking
Forced air, Natural gasHeating
195Days on market

About this property

A rare opportunity to own a beautiful, historic mixed-use commercial/residential property located on Main Street in Stratford, Ontario. Prime, high-visibility location with excellent street presence and signage.The upper level features a spacious two-bedroom apartment complete with in-suite washer and dryer, offering comfortable residential living or strong rental potential. The main and second floors were previously occupied by a law office that relocated solely to accommodate a need for additional space.Extensively updated throughout, the property has undergone significant improvements, including complete replacement of former knob-and-tube electrical wiring, installation of new high-efficiency lighting, Ethernet cabling run to all rooms, patching and repainting of most of the building, new flooring throughout the entire upper unit and select areas of the main floor, and new toilets in both bathrooms along with updated fixtures in the lower-level bathroom.This is an excellent income-producing property offering the flexibility to own and operate your business on-site while benefiting from supplemental residential rental income. Ideal for entrepreneurs seeking the perfect work-life balance.Zoned MUR, permitted uses include residential and a wide range of business opportunities such as professional or medical offices, clinics, studios, personal care establishments, day spa, pet grooming, private or commercial schools, and more.Conveniently located close to all amenities including downtown shopping, Stratford Festival Theatres, restaurants, schools, and parks. The property also features a private parking lot accommodating seven or more vehicles.A truly versatile investment with exceptional visibility in one of Stratford’s most desirable areas. (id:45603)

Property details

Interior

Bedrooms
2
Bedrooms above grade
2
Bathrooms
2 + 1 half
Storeys
2.5
Basement
Unfinished, N/A
Appliances
Washer, Refrigerator, Stove, Dryer

Exterior & parking

Structure type
Other
Architectural style
[]
Lot size
43.4 x 132 FT
Parking spaces
7
Parking features
No Garage
Exterior features
Wood, Brick

Building & HOA

Heating
Forced air, Natural gas

Financial & legal

List price
$659,900
Annual taxes
$5,766
Tenure
Freehold
Status
Active
MLS® number
X12798442

Location

City
Stratford
Neighbourhood
Stratford
Province
Ontario
Postal code
N5A3H5
Directions
Cross Streets: between Front Street and Nile Street. ** Directions: Ontario Street towards Downtown Stratford, property is located on the north side of Ontario Street between Front Street and Nile Street.

Room details

RoomLevelDimensionsFeatures
BedroomUpper Level14.7 x 12.6 meters
Bedroom 2Upper Level10.11 x 13.2 meters
KitchenUpper Level8.6 x 17.5 meters
BathroomUpper Level5.1 x 11.6 meters
BathroomMain level7.3 x 5.1 meters
OfficeMain level12.6 x 9.9 meters
OfficeMain level10.7 x 13.2 meters

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).