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141-147 Downie Street, Stratford, ON N5A 1X2, Stratford, Ontario

commercial · MLS® X12728832

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$3,295,000

MLS# X12728832

141-147 Downie Street, Stratford, ON N5A 1X2

Stratford, Ontario N5A 1X2

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New Listing· Listed null days on marketPopular· 123 views todayHot Property· High interest
About This Property

Opportunity to own a high profile building in the heart of Stratford. The +/-21,380 SF 2-storey building is situated on +/-0.27 acres features +/-11,530 SF of open retail space and office space on the first floor with an additional +/- 9,850SF of retail space on the second floor. Extensive renovations done over the last few years include exterior updates and the replacement of portions of the roof in 2022. Flexible C3 zoning provides for numerous commercial and retail uses. The Property is situated along a commercial corridor in the downtown business district being only a short walk from the Avon Theatre and City Hall. The Property is currently configured into two units with a month to month tenant that could be renewed for additional income. 141-147 Downie Street can be purchased together with 148 Waterloo Street South which is directly behind the Subject Property.

Property Details

Property Type

Commercial

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141-147 Downie Street, Stratford, ON N5A 1X2, Stratford, Ontario

About 141-147 Downie Street, Stratford, ON N5A 1X2

This Commercial at 141-147 Downie Street, Stratford, ON N5A 1X2 is listed for sale in Stratford, Ontario at $3,295,000.

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Stratford is a thriving community in Ontario with excellent amenities, schools, parks, and transit access. Whether you are a first-time buyer, growing family, or investor, this commercial represents a compelling opportunity in Stratford's real estate market.

MLS® number X12728832. Listed with RE/MAX Realty Specialists Inc., Brokerage. Contact Jagtar Singh for more information or to schedule a private showing.

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$3,295,000

20% ($659,000)

Minimum 5% for homes under $500K, 20% to avoid CMHC insurance

5.5%
25 years

Estimated Monthly Payment

$16,187

*Principal & Interest only. Does not include taxes or insurance.

Principal$2,636,000
Total Interest$2,220,204
Total Cost$5,515,204
Jagtar Singh

Jagtar Singh

RE/MAX Realty Specialists Inc.

Contact About This Property
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