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Commercial Property in Stratford
About 148 Waterloo Street South
Mixed-use investment opportunity in the heart of Stratford! The +/-3,065 SF, 2-storey building is situated on +/-0.187 acres. On the main floor a hair salon currently tenants +/-600 SF and on the second floor a residential tenant occupies a +/-1,452 SF apartment unit. Currently a +/-1,013 SF unit on the main floor is vacant, perfect for an owner/occupier hoping to acquire a well located building with ample parking and holding income or for an investor looking for upside by stabilizing the asset at market rents. Flexible C3 zoning provides numerous commercial uses. At the eastern edge of the downtown business district and across the street from a school and residential neighbourhood this offering provides access to a deep consumer base. 148 Waterloo Street South can be purchased together with 141-147 Downie Street which is direct behind the Subject Property.
Stratford retail priced at $889,000 — book a tour to see if it fits your search.
Inside 148 Waterloo St S
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0.187
Listing & possession
Property class
Commercial Retail
148 Waterloo St S Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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From 148 Waterloo St S. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio98.1%On average, homes sold below asking.
Active listings216Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 24 – Jul 23, 2026: prices up.
Based on 176 sales from Jul 23 – Oct 21, 2026 (131 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
148 Waterloo St S is listed at $889,000 (MLS® X12728844). Summitly updates the price as soon as the MLS® record changes.
Has the price of 148 Waterloo St S changed?
Yes — it was first listed at $995,000 and is now $889,000, a drop of $106,000 (10.7%).
How many bedrooms and bathrooms does 148 Waterloo St S have?
The listing for 148 Waterloo St S doesn't publish its bedroom and bathroom count. It is a commercial property in Stratford.
Is 148 Waterloo St S close to transit?
The nearest rapid-transit station is Stratford GO Station (Kitchener GO), about 570 m (about a 7-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 148 Waterloo St S compare with other homes in Stratford?
Its asking price of $889,000 is about 53% above the median sold price in Stratford over the last 90 days, $579,450, across 176 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 148 Waterloo St S been sold before?
Summitly has no earlier MLS® sale or lease of 148 Waterloo St S on record from the last two years. Older records aren't shown under TRREB rules.
Where is 148 Waterloo St S?
148 Waterloo St S is in Stratford, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 148 Waterloo St S been on the market?
268 days — 148 Waterloo St S was listed on January 26, 2026.
What is the land transfer tax on 148 Waterloo St S?
About $14,255 in Ontario land transfer tax at the asking price of $889,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 148 Waterloo St S or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 148 Waterloo St S?
The listing for 148 Waterloo St S doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Stratford.
When was 148 Waterloo St S built?
The listing for 148 Waterloo St S doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.