676 Lorne Avenue, Stratford, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Stratford. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 211.4 x 322.8 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
TURNKEY AUTOMOTIVE OPPORTUNITY IN STRATFORD! Established car lot operation at this location forapproximately 20 plus years, offering an exceptional opportunity for an automotive user,investor, or owner-operator. Situated on approximately 1.5 acres, the property features ampleparking and a functional setup designed for vehicle sales, repair, detailing, and relatedautomotive uses.The property includes 2 offices and 2 drive-in garages. The first garage features 5 drive-indoors, providing excellent flexibility for multiple repair and detailing operations to runsimultaneously. The second garage includes a washroom, office, mezzanine, and 2 hoists,offering additional workspace and storage. Ample on-site parking provides plenty of room forvehicle inventory and customer parking.Located on the east side of thriving Stratford, the property is positioned directly along thelatest planned route for the new Highway 7/8, providing excellent future connectivity andexposure. The site also backs onto a golf course, adding to its unique setting.The existing 1.5-acre site offers strong potential for continued automotive use while alsopresenting an attractive future redevelopment opportunity, subject to municipal approvals anddue diligence.A rare combination of established automotive infrastructure, generous land, multiple drive-indoors, hoists, parking, and future potential. Excellent opportunity for an automotive operator,investor, or developer! Seller has plans/drawings for a proposed expansion to approximately 15,000 sq. ft. Property hasan appraised value of approximately $2.7M.
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Property Summary
This commercial retail located at 676 Lorne Avenue, Stratford is currently for sale and has been available on SousaSells for 5 days. This property is listed at $2,199,000 with an estimated mortgage of $7,320* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 676 Lorne Avenue, Stratford is in the Stratford neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Stratford, Stratford.
- •Desirable Commercial Retail architecture in Stratford, Stratford
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Stratford?
If you are looking for a house in Stratford or researching Stratford real estate for sale, this commercial retail at 676 Lorne Avenue, Stratford, ON offers an exceptional opportunity to buy a home in Stratford, Ontario. Whether you are a first-time Stratford home buyer or comparing active Stratford MLS® homes for sale, working with a dedicated Stratford buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Stratford realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Stratford Buyer Budget & Costs
Estimated mortgage: $7,320*/month*. Estimated Ontario Land Transfer Tax: $41,450. First-time Stratford home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Stratford
Frequently Asked Questions about 676 Lorne Avenue, Stratford, ON
Q.What is the asking price for 676 Lorne Avenue, Stratford, ON ?
The current listing price for 676 Lorne Avenue, Stratford, ON in Stratford, Stratford is $2,199,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 676 Lorne Avenue, Stratford, ON ?
676 Lorne Avenue, Stratford, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 676 Lorne Avenue, Stratford, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Stratford, Stratford
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 676 Lorne Avenue E, Stratford, ON N5A 6S5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Stratford, ON
For a property listed at $2,199,000 in Stratford, the legal minimum down payment is $439,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $41,450 for this transaction. As this listing is in Stratford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $41,450.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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