719 Peel Street Woodstock, Ontario N4S 1L5

1 Bathroom 2,204 ft2
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:49203)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number X12523092
Property Type Multi-family
Community Name Woodstock - South
Equipment Type Water Heater
Features Irregular Lot Size
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 1
Appliances Dishwasher, Dryer, Microwave, Washer
Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 2,204 Ft2
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

Contact Us

Contact us for more information

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Ryan Bastian
Salesperson

(519) 968-3684

Century 21 Heritage House Ltd Brokerage
865 Dundas Street
Woodstock, Ontario N4S 1G8

(519) 539-5646

Dekker Team
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