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258 Ontario Street

258 Ontario Street

Stratford, ON

  • 2,115 sqft
  • Investment
  • 232 days on market
$659,900Price reduced 11%

A rare opportunity to own a beautiful, historic mixed-use commercial/residential property located on a main Street in Stratford. Prime, high-visibility location with excellent street presence. The upper level features a spacious two-bedroom apartment with in-suite washer and dryer, offering comfortable residential living or strong rental potential. The main & second floors were previously occupied by a law office that relocated solely to accommodate a need for additional space. Extensively updated throughout, the property has undergone significant improvements, including complete replacement of former knob-&-tube electrical wiring, installation of new high-efficiency lighting, Ethernet cabling run to all rooms, patching & repainting of most of the building, new flooring throughout the entire upper unit & select areas of the main floor & new toilets in both bathrooms. This is an excellent income-producing property offering the flexibility to own & operate your business on-site while benefiting from supplemental residential rental income. Ideal for entrepreneurs seeking the perfect work-life balance. Zoned MUR, permitted uses include residential & a wide range of business opportunities such as professional or medical offices, clinics, studios, personal care establishments, pet grooming, private or commercial schools. Private parking lot accommodating seven or more vehiclesA truly versatile investment with exceptional visibility in one of Stratford's most desirable area.

Listing Details

Taxes (2025)
$5,764
Originally Listed
$739,000
Listed
January 19, 2026

Price History

Listing history

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Property

Lot Size
43.4 x 132 Feet

Parking

Garage
None

Location & Legal

Cross Street
Front St and Nile St
Zoning
R3
Parcel Number
531240164
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
Stove, Refrigerator, Washer and Dryer in Upstairs Apartment.

Property Insights

updated bathroom

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
427
Median days on market
30
Sale-to-list price
97.5%

Based on 427 recorded sales of commercial properties in Stratford over the last 12 months.

Listed by

SUTTON GROUP REALTY SYSTEMS INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
2,115 sq ft
Price per sq ft
$312.01
Annual property tax
$5,764
Tax per sq ft
$2.73

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

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions This is an excellent income-producing property offering the flexibility to own & operate your business on-site while benefiting from supplemental residential rental income.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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