719 Peel Street, Woodstock, Ontario N4S 1L5

Listed for:
$649,900
0 beds
1 baths
Listed 18 days ago
Multi-Family for rent: 719 Peel Street, Woodstock, Ontario N4S 1L5

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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 is a versatile investment opportunity featuring solid rental income, a central location, and long-term redevelopment potential in the heart of Woodstock. 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. Buyers are to satisfy themselves regarding zoning, permitted uses, and compliance. A property with this combination of income, location, flexibility, and upside potential is truly a rare find in the Woodstock market. The Seller is open to considering a Vendor Take-Back (VTB) mortgage for qualified buyers, which may provide added flexibility when structuring the purchase. Offers welcome. (id:27476)

Property Highlights

MLS® Number
X12737176
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

Learn more about this property
Listing provided by:
Century 21 Heritage House Ltd Brokerage
MLS® number:
X12737176
Agent:
Ryan Bastian
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