For Sale: 317 Huron Street, Stratford, ON - REW
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$499,900
0 bd • 0 ba • sf • Land/Lot
317 Huron Street
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$499,900
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317 Huron StreetStratford, ON, N5A 5T3

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

About this home

APPROVED 6-PLEX DEVELOPMENT SITE - PLANS, ENGINEERING AND MUNICIPAL APPROVAL WORK ALREADY COMPLETED. 317 Huron Street offers a purchaser the opportunity to step into an advanced residential development rather than take on the time, cost and uncertainty associated with beginning the planning process on a conventional vacant lot. Approved plans are in place for a purpose-built 6-unit residential building, 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 3-storey design provides six 2-bedroom, 1-bathroom apartments of approximately 764 sq. ft. each, together with patios/balconies, on-site parking, bicycle parking, garbage storage and landscaping. Architectural drawings, civil engineering, grading, servicing and stormwater plans have already been prepared and are available for review. The work completed to date represents a significant value-add for a builder or investor by substantially advancing the project toward construction. 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 up to 95% loan-to-cost financing and up to a 40-year amortization, subject to lender and CMHC approval. 315 Huron Street is also available separately at $499,900, creating the opportunity to acquire both adjoining approved 6-plex sites for a potential 12-unit development. (id:63626)
Listed by: JULIEN POLIDORO, Broker, Coldwell Banker Homefield Legacy Realty

Home facts and features

Price details
List Price
$499,900
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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
X13830592
Source
Canadian Real Estate Association
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25 Years
Interest Rate
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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