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20-28 Erie Street, Stratford
$499,900
X14098290 MLS® #
Rare downtown development opportunity at one of Stratford's most prominent and high-exposure intersections. Located at 20-28 Erie Street, this vacant lot with C3 zoning offers exceptional flexibility for a wide range of commercial and mixed-use redevelopment options. The property was previously home to a mixed-use building with commercial space at street level and residential units above, making it an ideal candidate for a similar redevelopment concept that aligns perfectly with the surrounding downtown fabric. Positioned at a highly visible corner in the heart of Stratford, the site benefits from strong pedestrian and vehicle traffic, excellent sightlines, and close proximity to restaurants, theatres, shops, and all of the vibrancy that downtown Stratford is known for. The current owner has preliminary concept plans for a potential rebuild, which can be made available to interested buyers upon request to help accelerate due diligence and visioning. An outstanding opportunity for developers, investors, and owner-occupiers looking to establish a presence in one of Southwestern Ontario's most dynamic and culturally rich downtowns. (id:5764)

20-28 Erie Street, Stratford

Listing courtesy of Bosley Real Estate Ltd..

20 ERIE Street, Stratford
$499,900
40872508 MLS® #
Rare downtown development opportunity at one of Stratford’s most prominent and high-exposure intersections. Located at 20–28 Erie Street, this vacant lot with C3 zoning offers exceptional flexibility for a wide range of commercial and mixed-use redevelopment options. The property was previously home to a mixed-use building with commercial space at street level and residential units above, making it an ideal candidate for a similar redevelopment concept that aligns perfectly with the surrounding downtown fabric. Positioned at a highly visible corner in the heart of Stratford, the site benefits from strong pedestrian and vehicle traffic, excellent sightlines, and close proximity to restaurants, theatres, shops, and all of the vibrancy that downtown Stratford is known for. The current owner has preliminary concept plans for a potential rebuild, which can be made available to interested buyers upon request to help accelerate due diligence and visioning. An outstanding opportunity for developers, investors, and owner-occupiers looking to establish a presence in one of Southwestern Ontario’s most dynamic and culturally rich downtowns. (id:5764)

20 ERIE Street, Stratford

Listing courtesy of Bosley Real Estate Ltd..

315 Huron Street, Stratford
$499,900
X13830594 MLS® #
APPROVED 6-UNIT DEVELOPMENT OPPORTUNITY IN STRATFORD. This is not a typical vacant lot where a buyer is starting at square one. Extensive planning, design, engineering and municipal approval work has already been completed for a purpose-built 6-plex at 315 Huron Street. Approved plans are in place, the appeal period has passed with no appeals, and the City is currently preparing the development agreement. Once the development agreement is finalized, a purchaser can proceed with their building permit application and move toward construction. The approved concept provides for a 3-storey building containing six 2-bedroom, 1-bathroom apartments of approximately 764 sq. ft. each, with patios/balconies, on-site parking, bicycle parking, garbage storage and landscaping. Full architectural, grading, servicing, stormwater and engineering plans are available for review. The significant time, professional fees and municipal coordination already invested represent substantial value compared with purchasing an unplanned development lot and beginning the approval process from scratch. The proposed building is also expected to be well positioned to target CMHC MLI Select through energy efficiency. Under the current program, qualifying new construction achieving the 50-point threshold may be eligible for financing of up to 95% loan-to-cost and up to a 40-year amortization, subject to lender and CMHC approval. 317 Huron Street is also available separately at $499,900, offering the opportunity to acquire both adjoining approved 6-plex development sites for a potential 12-unit project. (id:5764)

315 Huron Street, Stratford

Listing courtesy of Coldwell Banker Homefield Legacy Realty.

317 Huron Street, Stratford
$499,900
X13830592 MLS® #
APPROVED 6-PLEX DEVELOPMENT SITE - PLANS, ENGINEERING AND MUNICIPAL APPROVAL WORK ALREADY COMPLETED. 317 Huron Street offers a purchaser the opportunity to step into an advanced residential development rather than take on the time, cost and uncertainty associated with beginning the planning process on a conventional vacant lot. Approved plans are in place for a purpose-built 6-unit residential building, the appeal period has passed with no appeals, and the City is currently preparing the development agreement. Once the development agreement is finalized, a purchaser can proceed with their building permit application and move toward construction. The approved 3-storey design provides six 2-bedroom, 1-bathroom apartments of approximately 764 sq. ft. each, together with patios/balconies, on-site parking, bicycle parking, garbage storage and landscaping. Architectural drawings, civil engineering, grading, servicing and stormwater plans have already been prepared and are available for review. The work completed to date represents a significant value-add for a builder or investor by substantially advancing the project toward construction. The proposed building is also expected to be well positioned to target CMHC MLI Select through energy efficiency. Under the current program, qualifying new construction achieving the 50-point threshold may be eligible for up to 95% loan-to-cost financing and up to a 40-year amortization, subject to lender and CMHC approval. 315 Huron Street is also available separately at $499,900, creating the opportunity to acquire both adjoining approved 6-plex sites for a potential 12-unit development. (id:5764)

317 Huron Street, Stratford

Listing courtesy of Coldwell Banker Homefield Legacy Realty.

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