719 Peel Street, Woodstock, Ontario N4S 1L5

Listed for:
$699,000
5 beds
3 baths
Listed 15 days ago
Triplex for rent: 719 Peel Street, Woodstock, Ontario N4S 1L5

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Learn more about this property
Listing provided by:
Century 21 Heritage House Ltd Brokerage
MLS® number:
X12523086
Agent:
Ryan Bastian
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About

Cross Streets: Wilson Street and Dundas Street. ** Directions: Heading north on Wilson Street, turn right on Peel Street. Property is on the left. 719 Peel Street offers a rare investment and redevelopment opportunity in the heart of Woodstock. This property is compelling mix of strong rental income, prime location, and future potential. Currently used as a non-conforming triplex, this well-maintained R2-zoned property sits just steps from Dundas Street and immediately west of the Rexall Pharmacy and retail plaza, placing it in one of Woodstock's most accessible and desirable mixed-use corridors. Ideally positioned for future growth or possible re-zoning to office or commercial use (subject to approvals), the property is currently used as a non-conforming triplex with three self-contained units, each featuring its own kitchen. The basement unit is presently used as a residential rental unit but could easily be converted into more living space or a fantastic home office for the main level. The property is in great condition with many recent upgrades - including upgraded electrical, plumbing, new flooring in many areas, and a recently-shingled roof. Centrally located near major schools, shopping, and transit, this versatile property appeals to investors, owner-occupiers, and entrepreneurs alike. Please inquire for full income and expense details. Property being sold "as is," with buyers to satisfy themselves regarding zoning, permitted uses, and compliance. A property with this combination of location, flexibility, and upside potential is truly a rare find in the Woodstock market. (id:27476)

Property Highlights

MLS® Number
X12523086
Type
Multi-family
Community Name
Woodstock - South
Land Size
93.7 x 49.6 FT ; 63.91ft x 4.01ft x49.93ftx49.6ftx93.74ft|under 1/2 acre
Parking Space Total
3

Building

Building Type
Triplex
Storeys
1.00
Square Footage
1100 - 1500 sqft
Bathrooms Total
3
Bedrooms Above Ground
4
Bedrooms Total
5
Amenities
Place of Worship, Public Transit
Exterior Finish
Brick, Vinyl siding
Fireplace Present
Yes
Basement Type
N/A
Basement Features
Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location