For Sale
388 Downie Street
Stratford, Stratford, ON
$899,900
0Bd
0Ba
—sqft
122 x 109 ftlot
CommercialMLS# X12680506Listed 2026-01-09102 DOM
On the market for 102 days — longer than average. The seller may be open to negotiation.
About this home
A rare chance to own a storied piece of Stratford history. The former Avon Hotel, dating to the mid-1800s, offers approx. approx 10,000 sq ft on a prime corner lot with two frontages on busy Downie Street. Located within walking distance to Downtown, the VIA Rail station, new bus terminal, University of Waterloo and Conestoga College campus, Avon Theatre, skate park and the future Community Hub. This 3-storey 19th-century building has undergone some rehabilitation and is looking for its next owner's vision. Potential for two commercial lease spaces on the main floor, and the vacant upper floors are ready for residential redevelopment. Zoned Highway Commercial C2-18. Offered as-is, where-is.
Corner Lot
Features
- No
Financials
Annual Taxes
$5,926
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield3.3% – 10.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Stratford
Days on market102 days
Buyer's MarketSeller's Market
Based on active listings in Stratford. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
63
/ 100
Walk Score
Somewhat Walkable
42
/ 100
Transit Score
Some Transit
45
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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