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Home ON Stratford
388 DOWNIE STREET
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388 DOWNIE STREET $2,000,000
$2,000,000
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388 DOWNIE STREET
Stratford, Ontario N5A1X6

MLS® Number: X11953428

Listing Description

Located in popular theatre country - Stratford with over 1MM visitor per year. This is a corner site with two at grade retail spaces and vacant spaces above. The property dates from the mid 1800's as was known as the Avon Hotel. One retail space is occupied (local popular bakery) and the rest of the building is vacant. It is a part three and one storey structure of frame construction. The Sellers have applied to convert the entire building into a mixed use investment with retail and grade and 10 studio rental apartments above. The Sellers are close to obtaining these municipal entitlements. **EXTRAS** The property is being sold as is and where is with Buyers completing the process and the development. (39824935)

Location Description

Downie and Kent

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Stratford
Land Size
102.38 x 109.01 FT
Annual Property Taxes
$5,655
Time on REALTOR.ca
60 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Recreation

Measurements

Square Footage
7000 sqft

Land

Lot Features
Frontage
102 ft ,4 in
Land Depth
109 ft
Other Property Information
Zoning Description
Mixed Use
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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