258 ONTARIO STREET
Toronto · N5A3H5
$659,900
About this residence
A rare opportunity to own a beautiful, historic mixed-use commercial/residential property located on Main Street in Stratford, Ontario. Prime, high-visibility location with excellent street presence and signage.The upper level features a spacious two-bedroom apartment complete with in-suite washer and dryer, offering comfortable residential living or strong rental potential. The main and second floors were previously occupied by a law office that relocated solely to accommodate a need for additional space.Extensively updated throughout, the property has undergone significant improvements, including complete replacement of former knob-and-tube electrical wiring, installation of new high-efficiency lighting, Ethernet cabling run to all rooms, patching and repainting of most of the building, new flooring throughout the entire upper unit and select areas of the main floor, and new toilets in both bathrooms along with updated fixtures in the lower-level bathroom.This is an excellent income-producing property offering the flexibility to own and operate your business on-site while benefiting from supplemental residential rental income. Ideal for entrepreneurs seeking the perfect work-life balance.Zoned MUR, permitted uses include residential and a wide range of business opportunities such as professional or medical offices, clinics, studios, personal care establishments, day spa, pet grooming, private or commercial schools, and more.Conveniently located close to all amenities including downtown shopping, Stratford Festival Theatres, restaurants, schools, and parks. The property also features a private parking lot accommodating seven or more vehicles.A truly versatile investment with exceptional visibility in one of Stratford's most desirable areas. (id:61366)
Property details
- Property type
- Single Family
- Style
- Other
- Bedrooms
- 2 (2 above)
- Bathrooms
- 2 (1 half)
- Storeys
- 2
- Living area
- 2,000–2,500 sq ft
- Lot size
- 43.4 x 132 FT
- Frontage
- 43.4 feet
- Parking
- 7 spaces
- Annual tax
- $5,766
- MLS®
- X12798442
- Board
- Toronto
- Status
- Active
- Listed
- Feb 18, 2026
- Updated
- Jul 6, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Upper Level | 14.7 × 12.6 m |
| Bedroom 2 | Upper Level | 10.11 × 13.2 m |
| Kitchen | Upper Level | 8.6 × 17.5 m |
| Bathroom | Upper Level | 5.1 × 11.6 m |
| Bathroom | Main level | 7.3 × 5.1 m |
| Office | Main level | 12.6 × 9.9 m |
| Office | Main level | 10.7 × 13.2 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
Heating
- Forced air
- Natural gas
Basement
- Unfinished
Exterior
- Brick
- Wood
Foundation
- Stone
Parking
- No Garage
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$3,086/mo
Loan amount
$527,920
Down payment
$131,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · N5A- 32,898
- Population
- 46
- Median age
- $77,000
- Median income
- $500,000
- Median home value
- 65%
- Home ownership
- 18 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 258 ONTARIO STREET?
258 ONTARIO STREET is listed for $659,900, in Toronto.
How many bedrooms and bathrooms does 258 ONTARIO STREET have?
It offers 2 bedrooms and 2 bathrooms (including 1 half-bath).
What type of home is 258 ONTARIO STREET?
258 ONTARIO STREET is a Single Family, Other set over 2 storeys.
How large is 258 ONTARIO STREET?
The home offers approximately 2,000–2,500 sq ft of living space on a lot measuring 43.4 x 132 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,086. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,766 per year.
Is there parking?
Yes — 258 ONTARIO STREET includes 7 parking spaces.
What is the Toronto area like?
Toronto has a population of about 32,898, a median age of 46, a 65% home-ownership rate, with an average commute of about 18 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $77,000.
Similar residences
Comparable Other near Toronto at a similar price.
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