20 ERIE Street
Stratford, Ontario
Vacant Land
Rare downtown development opportunity at one of Stratford’s most prominent and high-exposure intersections. Located at 20–28 Erie Street, this vacant lot with C3 zoning offers exceptional flexibility for a wide range of commercial and mixed-use redevelopment options. The property was previously home to a mixed-use building with commercial space at street level and residential units above, making it an ideal candidate for a similar redevelopment concept that aligns perfectly with the surrounding downtown fabric. Positioned at a highly visible corner in the heart of Stratford, the site benefits from strong pedestrian and vehicle traffic, excellent sightlines, and close proximity to restaurants, theatres, shops, and all of the vibrancy that downtown Stratford is known for. The current owner has preliminary concept plans for a potential rebuild, which can be made available to interested buyers upon request. An outstanding opportunity for developers, investors, and owner-occupiers looking to establish a presence in one of Southwestern Ontario’s most dynamic and culturally rich downtowns.
Price History
Schools
Elementary
- Jeanne Sauvé Catholic School0.4 km
Catholic · Huron Perth CDSB · 260 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 48% met the provincial standard
- Stratford Intermediate School0.4 km
Public · Avon Maitland DSB · 465 students
- Romeo Public School0.5 km
Public · Avon Maitland DSB · 160 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 39% met the provincial standard
Secondary
- Stratford District Secondary School1.8 km
Public · Avon Maitland DSB · 1420 students
Grade 10 literacy: 79% met the provincial standard
- St Michael Catholic Secondary School1.9 km
Catholic · Huron Perth CDSB · 750 students
Grade 10 literacy: 83% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5A
- Population
- 32,898
- Private dwellings
- 15,203
- Median age
- 46.4
- Average household size
- 2.2
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Vacant Land in Stratford · last 12 months
- Median sold price
- $570,000
- Homes sold
- 433
- Median days on market
- 30
- Sale-to-list price
- 97.5%
Based on 433 recorded sales of vacant land properties in Stratford over the last 12 months.
Location
Mortgage Calculator
$119,980
Estimated Monthly Payment
$2,947
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,947/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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