56 ALBERT Street
Stratford, ON
- 9,492 sqft
- Investment
- 287 days on market
In the heart of Stratford, 56 Albert St. presents a unique opportunity for investors, entrepreneurs, and anyone seeking a vibrant and dynamic environment. This thoughtfully adapted building offers a blend of residential units, Hotel/Inn space and flexible lower level commercial space, making it ideal for a variety of needs. For those seeking a comfortable and convenient property to add to their portfolio, 56Albert St. boasts eight finished 1-bedroom residential units, as well as 8 Hotel/Inn Units. Residents and patrons will enjoy the benefits of being close to the theatres, local shops, restaurants, and amenities, making this a perfect location for a theatre going getaway, students ,or young professionals. Entrepreneurs and businesses, on the other hand, can leverage the potential of the Lower level spacious commercial area. This area offers a flexible layout, allowing for customization to suit various needs, from retail ventures, restaurant or bar, or professional offices. Additionally, the high-traffic location guarantees optimal visibility and foot traffic, making it an ideal space to establish a thriving presence. Whether as a residential investment property or your ideal commercial space, with additional income generation in the upper levels 56 Albert St. provides a compelling opportunity; the potential for generating consistent income through rental units and Inn and commercial space makes this property an attractive investment option. The prime location offers easy access to transportation and major roadways. Contact your Realtor today to schedule a viewing and explore the possibilities that await you at 56Albert St.!
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Listing Details
- Taxes (2025)
- $45,000
- Listed
- November 17, 2025
Price History
Property
- Lot Size
- 46.51 x 102.68 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Albert/Waterloo Streets
- Zoning
- C3
- Parcel Number
- 531220025
- Possession
- Flexible
- Occupancy
- Partial
Commercial
- Business Type
- Apts - 6 To 12 Units
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
Commercial in Stratford · last 12 months
- Median sold price
- $570,000
- Homes sold
- 428
- Median days on market
- 30
- Sale-to-list price
- 97.5%
Based on 428 recorded sales of commercial properties in Stratford over the last 12 months.
Listed by
Royal LePage Heartland Realty
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 9,492 sq ft
- Price per sq ft
- $263.37
- Annual property tax
- $45,000
- Tax per sq ft
- $4.74
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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