21 Market Place

Stratford, ON

6 bath • 4,526 sqft • Investment • 101 days on market

$1,077,000

**PRIME DOWNTOWN MIXED-USE OPPORTUNITY.** Now offered at $1,077,000, this landmark mixed-use building presents a rare opportunity to own one of Stratford's most recognizable downtown properties. Positioned in the heart of Market Square, steps from award-winning restaurants, boutique shopping, cafés and Stratford's vibrant theatre district, this location offers exceptional visibility and long-term value in one of Ontario's most sought-after downtown cores. Rich in historic character and enhanced with modern infrastructure, the main floor and lower level offer an expansive open-concept commercial footprint featuring exposed brick, decorative tin ceilings, hardwood flooring and exceptional flexibility under C3 zoning. Ideal for retail, hospitality, gallery, professional office, creative workspace or a variety of commercial concepts. The renovated lower level adds exceptional utility with walk-out access, an 8-ft garage door, commercial-grade services and an impressive walk-in cooler, creating practical space for deliveries, storage, production or operational support rarely found in downtown heritage buildings. Significant infrastructure upgrades include full 3-phase electrical service and enhanced commercial utilities supporting a broad range of business operations and future possibilities. The upper floors encompass nearly 3,000 sq. ft. with exciting redevelopment and repositioning potential for residential, live-work, studio or income-producing opportunities. Historic architecture. Flexible mixed-use potential. Prime downtown exposure. A truly irreplaceable Stratford asset. **SELLER FINANCING:** Vendor Take-Back financing may be available to qualified purchasers. Terms to be negotiated. Some interior photographs have been virtually staged to demonstrate potential future tenant-use scenarios and occupancy possibilities. Please refer to the Listing Website link for additional photographs showing the property in its current "as-is" condition.

Listing Details

Taxes (2025): $11,141
Listed: May 18, 2026

Price History

Listing history

Property

Age: 100+
Lot Size: 21 x 90 Feet

Location & Legal

Cross Street: Market Pl & Wellington ST
Zoning: C3
Parcel Number: 531170082
Possession: Flexible

Commercial

Occupancy: Vacant
Office / Apartment Area: 2737 Sq Ft

Included

Inclusions: NONE
Exclusions: NONE
Rental Items: NONE

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: 432
Median days on market: 31
Sale-to-list price: 97.4%

Based on 432 recorded sales of commercial properties in Stratford over the last 12 months.

Listed by

Royal LePage Hiller Realty

Location

Commercial figures

Building area: 4,526 sq ft
Price per sq ft: $237.96
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.

Reita | Assistant

Online

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?