159 ONTARIO Street, Stratford

2024-05-21
 

Quick Summary

Location
159 ONTARIO Street, Stratford, Ontario N5A3H1
Price
$1,280,000 CAD
Status:
For Sale
Property Type:
Office
Area:
3798ft2
Brochure Link:

MLS®#40592193

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Schools

Building

  • Basement Type: Full
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 3798 sqft
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Southern exposure

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: C3

Information entered by ONE PERCENT REALTY LTD.
Listing information last updated on: 2024-07-28 14:17:08

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Are your listings on MLS®, realtor.ca and shared across the web?

Yes, yes, and yes.


Learn more about the One Percent Realty Deal

 

Charlene Witt Broker

Phone:
(519) 271-2923
Email:
charwitt2000@yahoo.com
Support Area:
Stratford, St.Marys, Mitchell, Sebringville, Shakespeare, Perth County, Tavistock

 I was raised in the Stratford area (home of the Stratford Shakespearean Festival Theatre) and ...

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