388 Downie Street
Stratford, ON
- 10,500 sqft
- Investment
A rare chance to own a storied piece of Stratford history. The former Avon Hotel, dating to the mid-1800s, offers approx. approx 10,000 sq ft on a prime corner lot with two frontages on busy Downie Street. Located within walking distance to Downtown, the VIA Rail station, new bus terminal, University of Waterloo and Conestoga College campus, Avon Theatre, skate park and the future Community Hub. This 3-storey 19th-century building has undergone some rehabilitation and is looking for its next owner's vision. Potential for two commercial lease spaces on the main floor, and the vacant upper floors are ready for residential redevelopment. Zoned Highway Commercial C2-18. Offered as-is, where-is.
Listing Details
- Taxes (2025)
- $5,926
- Originally Listed
- $1,099,900
- Listed
- January 9, 2026
Price History
Property
- Lot Size
- 122 x 109 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Downie/Kent
- Zoning
- C2-18
- Parcel Number
- 531160113
- Possession
- Immediate
- Occupancy
- Tenant
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
- $569,950
- Homes sold
- 426
- Median days on market
- 30
- Sale-to-list price
- 97.5%
Based on 426 recorded sales of commercial properties in Stratford over the last 12 months.
Listed by
Sutton Group - First Choice Realty Ltd.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 10,500 sq ft
- Price per sq ft
- $76.18
- Annual property tax
- $5,926
- Tax per sq ft
- $0.56
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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