1 Bathroom
2204 sqft
Fully Air Conditioned
Forced Air
$699,000
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:49187)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
X12523092 |
|
Property Type
|
Multi-family |
|
Community Name
|
Woodstock - South |
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Equipment Type
|
Water Heater |
|
Features
|
Irregular Lot Size |
|
Parking Space Total
|
3 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
1 |
|
Appliances
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Dishwasher, Dryer, Microwave |
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Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
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Heating Type
|
Forced Air |
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Size Interior
|
2204 Sqft |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
49 Ft ,7 In |
|
Size Frontage
|
93 Ft ,8 In |
|
Size Irregular
|
93.74 X 49.6 Ft ; 63.91ft X 4.01ft X49.93ftx49.6ftx93.74ft |
|
Size Total Text
|
93.74 X 49.6 Ft ; 63.91ft X 4.01ft X49.93ftx49.6ftx93.74ft |
|
Zoning Description
|
R2 |
https://www.realtor.ca/real-estate/29081379/719-peel-street-woodstock-woodstock-south-woodstock-south