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56 Albert Street, Stratford, ON, N5A 3K3

MLS® # 40546231
Commercial For Sale In Stratford, Ontario
$2,595,000
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
56 Albert Street, Stratford, ON
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MULTIMEDIA

ACTIVE
56 Albert Street, Stratford, ON, N5A 3K3
$2,595,000

Property Information:

In the heart of Stratford, 56 Albert St. presents a unique opportunity for investors, entrepreneurs, and anyone seeking a vibrant and dynamic environment. This thoughtfully adapted building offers a blend of residential living and flexible commercial space, making it ideal for a variety of needs.For those seeking a comfortable and convenient living space to add to their portfolio, 56 Albert St. boasts room for eight 1-bedroom residential units, six of which are already completed. Residents will enjoy the benefits of being close to the theatres, local shops, restaurants, and amenities, making this a perfect location for a theatre going getaway, students, or young professionals.Entrepreneurs and businesses, on the other hand, can leverage the potential of the two spacious commercial areas. These areas offer flexible layouts, allowing for customization to suit various needs, from retail ventures, restaurant or bar, to professional offices. Additionally, the high-traffic location guarantees optimal visibility and foot traffic, making it an ideal space to establish a thriving presence.Whether as a residential investment property or your ideal commercial space, with additional income generation in the upper levels 56 Albert St. provides a compelling opportunity; the potential for generating consistent income through rental units and commercial space makes this property an attractive investment option. The prime location offers easy access to transportation and major roadways. Contact your Realtor today to schedule a viewing and explore the possibilities that await you at 56 Albert St.!

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Full
  • Lot Features: Business Centre, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools
  • Lot Frontage: 46.51 Feet
  • Water Source: Municipal
  • Zoning: C3
  • Sewer: Sewer (Municipal)

Data provided by: Huron Perth Association of REALTORS® Unit 5 - 55 Lorne Avenue East, Stratford, Ontario N5A 6S4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 56 Albert Street, Stratford, ON, N5A 3K3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

34 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

34 hot days expected in 2050

51/100

High

ClimateCheck®

Current data

This property, 56 Albert Street , experiences 7 hot days per year at around 30.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34 degrees Celsius.

Projected Avg. Temperature

Past
30.5℃
2050
34℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

67/100

ClimateCheck®

Current data

This property, 56 Albert Street , experiences 11 significant 2-day storms per year, with about 337.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 414.7mm of precipitation per year.

Precipitation Per Storm

Past
337.2mm
2050
414.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 56 Albert Street, Stratford, ON, N5A 3K3

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$121,200.43

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.39 %

High school certificate or equivalent

26.69 %

Apprenticeship trade certificate/diploma

3.41 %

College/non-university certificate

21.4 %

University certificate (below bachelor)

1.4 %

University Degree

33.71 %

Commuter

Travel To Work

By Car

65.33 %

By Public Transit

0.0 %

By Walking

23.26 %

By Bicycle

5.13 %

By Other Methods

6.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

51.66 %

Houses

48.34 %

Own Vs. Rent