Welcome to this remarkable 2 1/2 Storey other located in the coveted neighborhood of Stratford. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $659,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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Hospital, Public Transit, Place Of Worship
Accessory Apartment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 258 Ontario Street, Stratford, ON N5A 3H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Stratford.
About Purchasing a Home in Stratford, ON
For a property listed at $659,900 in Stratford, the legal minimum down payment is $40,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,673 for this transaction. As this listing is in Stratford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,673.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.