The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Positioned in the heart of Stratford, Ontario, this distinctive restaurant space A rare purpose-built fire-cooking restaurant opened in 2019. With the internationally renowned Stratford Festival approaching its 75th anniversary in 2027, this is an exciting opportunity to own a landmark hospitality destination restaurant in a city poised to celebrate a major milestone in its cultural history .It currently features two fully equipped, independently operated restaurants, each with its own kitchen, service line, point-of-sale system and bar. The upper-level showcases a dramatic fire-cooking experience centred on a Grillwork hearth and wood-and-gas rotating oven, complemented by a rooftop patio. The main floor offers its own inviting dining atmosphere, full kitchen, bar and east-facing alley patio. The two concepts can continue to operate separately or be integrated under a unified hospitality vision, offering exceptional flexibility for an operator/restaurateur. Together, the building offers approximately 4,673 square feet across two floors, plus an additional 1,500 square feet of basement space. The basement provides a walk-in cooler, dry storage and a custom inline ventilation hood system installed in 2019. A Carbon Tap beer system, installed during the upper-level conversion, features chilled lines running through the walls and floor from the basement cooler to both bars. Property also being offered for sale by the same owner. See MLS #X14088084 DO NOT GO DIRECT. DO NOT SPEAK TO STAFF.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,168/mo
Mortgage (principal + interest)$2,241
Property taxFrom listing: $23,129/yr$1,927
Minimum $34,900 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$119,800
Ontario land transfer taxProvincial brackets, no first-time refund$8,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$131,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Stratford has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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