156 ALBERT STREET Stratford

156 ALBERT STREET, Stratford, Ontario

$1,399,900

  • 10,660 Square Feet

An exciting investment opportunity in the heart of Stratford! 156 Albert Street offers the chance to transform an existing commercial building into a 12-unit residential apartment building. Plans call for a full renovation and second-storey addition, resulting in twelve modern two-bedroom apartments.This property makes a fantastic option for those looking to take on a project and develop a strong cash-flowing multi-residential asset. Much of the tedious upfront work has already been completed including design and applications with only final site plan approval remaining.The asking price includes the land, existing building, and prepared plans. Buyer will be responsible for completing the build and covering construction, permit, and development costs.Perfectly located within Stratfords vibrant downtown core, future tenants will enjoy walkability to shops, dining, theatres, and transit ensuring ongoing rental demand. Opportunities of this scale and location are rarely available in Stratfords downtown core. (id:56241)

  • Listing ID: X12383877
  • Property Type: Multi-family

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Details

  • Transaction: For sale
  • Zoning Description: C3-11

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Other
  • Size Interior: 10660 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Size Frontage: 118 ft
  • Size Irregular: 118 x 104.9 FT
MLS®

Listing provided by Coldwell Banker Homefield Legacy Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 156 ALBERT STREET in Stratford Ontario. It was last modified on September 5th, 2025. Contact us to schedule a viewing or to discover other Stratford real estate for sale.

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