Salehian.com 647-325-5000

388 Downie Street

Stratford, Stratford, N5A 1X6

$799,900

Reduced $300,000 from $1,099,900

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Listed 284 days ago · MLS® X12680506

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.

Details

Type
Investment
Lot
122 × 109 ft
Garage
None
Property tax
$5,926 (2025)
Neighbourhood
Stratford
Municipality
Stratford

Heating, cooling and services

Heating
Gas Forced Air Closed
Utilities
Yes

Building and exterior

Building area
10,500 Square Feet

More

Possession
Immediate
Cross street
Downie/Kent

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 2 grocery stores, 28 cafés and restaurants, 7 parks, 2 pharmacies. Nearest grocery: Foodland (500 m). Nearest park: Inverness Playground (200 m).

Schools nearby

Elementary

  • Shakespeare Public School
    EQAO: Gr 6 reading 89%, math 26%    6 min walk
  • Romeo Public School
    EQAO: Gr 6 reading 91%, math 39%    9 min walk
  • Jeanne Sauvé Catholic School Catholic
    EQAO: Gr 6 reading 93%, math 48%    9 min walk
  • St. Ambrose Separate School Catholic
    EQAO: Gr 6 reading 94%, math 67%    13 min walk

Secondary

  • Stratford Intermediate School18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N5A

Owners / renters
66% / 34%
Median household income
$77,000
Average age
45
Children under 15
14%
Homes
55% detached, 6% high-rise
Commute by transit
2%
Population
32,898

Languages spoken most at home besides English: Gujarati 0.3%, Spanish 0.3%, Punjabi (Panjabi) 0.2%, Mandarin 0.2%.

Safety

Crime Severity Index for Stratford police: 54 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise 1 source nearby

  • 🚆 Rail line (CN Guelph Subdivision)50 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by Sutton Group - First Choice Realty Ltd..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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