Grant Buxton   |   Sutton First Choice - Stratford
46 Ontario St, Stratford   |   $1,500,000

46 Ontario St
Stratford, ON

This beautiful, historic downtown building, located in the highly sought after York Street shopping district, currently houses three very popular businesses: Edison’s Cafe (space leased to a third party) on Ontario Street and Kandy Cakes, a specialty bakery (also leased) at the back of the building. The third business is Edison’s Inn, owned/operated by the current owner of the building. The Inn, well known as the former home of Thomas Edison, has three boutique hotel rooms in high demand throughout the year. The very profitable building was completely renovated in 2016 and appeared on the front page and front and back pages of the home section of the Toronto Star on July 1st, 2017. There is much flexibility for new ownership; Edison’s Cafe and Kandy Cakes are on monthly leases providing lease flexibility should the new owner like to operate a business in either of the spaces, though both businesses are interested in renewing for five years. Edison’s Inn is part of the sale with few operating demands for the new owner as there is a third party that manages the Inn. The contract with the third party is also monthly. Note: the businesses of Edison’s Cafe and Kandy Cakes are not included in the sale.

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Grant Buxton

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