
21 Market Place
Stratford, ON
- 4,526 sqft
- Store W Apt/Office
- 233 days on market
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.
Virtual Tour
Virtual Tour Available
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
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.
Location
Street View
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.
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