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Investment signal

$399,900

432 ERIE STREET

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Beds

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Baths

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Sqft

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Year

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Type

Retail

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Stratford. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

First time offered in over 50 years, this iconic Stratford property has long been home to the beloved Hidden Treasures Antique Store. Boasting approximately 114 feet of frontage on one of Stratford's busiest arterial roads, the property enjoys exceptional visibility and exposure in a high-traffic commercial corridor. The building offers over 800 sq. ft. of main-floor commercial space, with living quarters above, making it well suited for an owner-occupied business, mixed-use concept, or investment opportunity. Rich in character and history, the property features solid fundamentals and presents an exciting opportunity for a new owner to reimagine and revitalize the space. With vision and updates, this landmark building is ready to begin its next chapter. (id:65958)

Subtype: Retail
Community: Stratford
Living area: 1,562 square feet
Lot size: 0.12 acres
Lot dimensions: 0.121
Parking: 3 total
On market: Jan 28, 2026
Status changed: Apr 23, 2026
Annual tax: $5,767.76 (2026)
Zoning: C2-5
Photos: 34
MLS#: X12736472
Area: STRATFORD

Features and systems

Heating

Forced airNatural gas

Cooling

None

Lot

Irregular lot size

Negative cash flow ~$104/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-1.56%

Cap rate

4.55%

GRM

13.9

Break-even rent

$2,510

Financing

Down payment$79,980

Loan amount$319,920

Mortgage$1,621/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$183

Insurance$80

Maintenance$333

CapEx reserve$167

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,621/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.