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148 Waterloo Street

148 Waterloo Street

Stratford, ON

3,065 sqft • Commercial Retail • 208 days on market

$995,000

Mixed-use investment opportunity in the heart of Stratford! The +/-3,065 SF, 2-storey building is situated on +/-0.187 acres. On the main floor a hair salon currently tenants +/-600 SF and on the second floor a residential tenant occupies a +/-1,452 SF apartment unit. Currently a +/-1,013 SF unit on the main floor is vacant, perfect for an owner/occupier hoping to acquire a well located building with ample parking and holding income or for an investor looking for upside by stabilizing the asset at market rents. Flexible C3 zoning provides numerous commercial uses. At the eastern edge of the downtown business district and across the street from a school and residential neighbourhood this offering provides access to a deep consumer base. 148 Waterloo Street South can be purchased together with 141-147 Downie Street which is direct behind the Subject Property.

Listing Details

Taxes (2025)
$12,654
Listed
January 26, 2026

Price History

Property

Lot Size
72.4 x 128.42 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Bismakr Avenue
Zoning
C3
Parcel Number
531220124
Possession
Immediate

Commercial

Business Type
Health & Beauty Related
Occupancy
Tenant
Office / Apartment Area
1452 Sq Ft

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
434
Median days on market
31
Sale-to-list price
97.4%

Based on 434 recorded sales of commercial properties in Stratford over the last 12 months.

Listed by

CBRE LIMITED

Walk Score

98

Walk

96

Bike

Scores by Walk Score®

Location

Commercial figures

Building area
3,065 sq ft
Price per sq ft
$324.63
Annual property tax
$12,654
Tax per sq ft
$4.13

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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