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21 Market Place

21 Market Place

Stratford, ON

  • 4,526 sqft
  • Store W Apt/Office
  • 233 days on market
$1,147,000

LANDMARK STRATFORD BUILDING | PRIME DOWNTOWN MIXED-USE | NEW PRICE $1,147,000. Now offered at $1,147,000, this is the only landmark building currently available for purchase in the City of Stratford. Positioned in the absolute core of the Market Square district, this mixed-use asset sits steps from Stratford's top restaurants, boutiques, and the Festival Theatre-an irreplaceable downtown location.This is a rare opportunity to acquire a signature heritage property with substantial upside and flexible use potential.The main floor and lower level feature a large open-concept commercial footprint with exposed brick, decorative tin ceilings, and hardwood floors-ideal for retail, hospitality, gallery, or creative office use under C3 zoning. The renovated, fully usable basement includes both a walk-out man door and an 8-ft garage door, providing true commercial functionality for deliveries, storage, or production use.The building has been electrically upgraded with full 3-phase power and commercial utilities, supporting a wide range of business operations without infrastructure limitations.The upper floors encompass nearly 3,000 sq. ft. with strong potential for redevelopment or repositioning to maximize residential or studio-style rental income.Historic character. Modern infrastructure. Prime downtown exposure. New price point.Opportunities like this do not repeat in Stratford.Photos and iGUIDE virtual walk-through available. SELLER FINANCING - Seller may consider Vendor Take-Back (VTB) financing for qualified purchasers. Terms to be negotiated.

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Listing Details

Taxes (2025)
$11,141
Listed
January 14, 2026

Price History

Listing history

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Property

Age
100+
Lot Size
21 x 90 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Wellington st and Market Pl
Zoning
C3
Parcel Number
531170082
Possession
Flexible
Occupancy
Vacant

Commercial

Office / Apartment Area
2737 Sq Ft

Included

Inclusions
NONE
Exclusions
NONE
Rental Items
NONE

Property Insights

hot tub

AI-generated from listing photos. Not professional advice.

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
431
Median days on market
30
Sale-to-list price
97.5%

Based on 431 recorded sales of commercial properties in Stratford over the last 12 months.

Listed by

Royal LePage Hiller Realty

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,526 sq ft
Price per sq ft
$253.42
Annual property tax
$11,141
Tax per sq ft
$2.46

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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