For Sale: 315 Huron Street, Stratford, ON - REW
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$499,900
0 bd • 0 ba • sf • Land/Lot
315 Huron Street
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$499,900
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315 Huron StreetStratford, ON, N5A 5T3

  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

APPROVED 6-UNIT DEVELOPMENT OPPORTUNITY IN STRATFORD. This is not a typical vacant lot where a buyer is starting at square one. Extensive planning, design, engineering and municipal approval work has already been completed for a purpose-built 6-plex at 315 Huron Street. Approved plans are in place, the appeal period has passed with no appeals, and the City is currently preparing the development agreement. Once the development agreement is finalized, a purchaser can proceed with their building permit application and move toward construction. The approved concept provides for a 3-storey building containing six 2-bedroom, 1-bathroom apartments of approximately 764 sq. ft. each, with patios/balconies, on-site parking, bicycle parking, garbage storage and landscaping. Full architectural, grading, servicing, stormwater and engineering plans are available for review. The significant time, professional fees and municipal coordination already invested represent substantial value compared with purchasing an unplanned development lot and beginning the approval process from scratch. The proposed building is also expected to be well positioned to target CMHC MLI Select through energy efficiency. Under the current program, qualifying new construction achieving the 50-point threshold may be eligible for financing of up to 95% loan-to-cost and up to a 40-year amortization, subject to lender and CMHC approval. 317 Huron Street is also available separately at $499,900, offering the opportunity to acquire both adjoining approved 6-plex development sites for a potential 12-unit project. (id:63626)
Listed by: JULIEN POLIDORO, Broker, Coldwell Banker Homefield Legacy Realty

Home facts and features

Price details
List Price
$499,900
Get Pre-Approved
Gross Taxes for 2025
$1,427
Home facts
Bedrooms
0
Full Bathrooms
0
Property Type
Land/Lot
Lot Size
50 ft x 121 ft (6094 ft²)
Depth
121.72 feet
Frontage
50.0 feet
Agent details
Primary Agent
Primary Broker
Coldwell Banker Homefield Legacy Realty
Listing details
Days on REW
4 Days
MLS® Number
X13830594
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

St Aloysius School
  • Catholic
  • JK - 8
Avon Public School
  • Public
  • JK - 6
Stratford Central School
  • Public
  • 7 - 12
St Michael Catholic Secondary School
  • Catholic
  • 9 - 12
Stratford Northwestern School
  • Public
  • 7 - 12
Hamlet Public School
  • Public
  • JK - 8
Jeanne Sauvé Catholic School
  • Catholic
  • JK - 8
St Joseph School
  • Catholic
  • JK - 8
Romeo Public School
  • Public
  • JK - 6
Shakespeare Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
JULIEN POLIDORO
Phone:
(519) 949-2264
Cell:
226-778-4017
Office:
519-284-2381
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