719 Peel Street, Woodstock, Ontario N4S 1L5

Listed for:
$699,000
0 beds
1 baths
Listed 14 days ago
Multi-Family 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:
X12523092
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
X12523092
Type
Multi-family
Community Name
Woodstock - South
Land Size
93.74 x 49.6 FT ; 63.91ft x 4.01ft x49.93ftx49.6ftx93.74ft
Parking Space Total
3

Building

Building Type
Multi-Family
Square Footage
2204 sqft
Bathrooms Total
1
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location