719 Peel Street, Woodstock (Woodstock - South) ON

About 719 Peel Street

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:56071). Get more information on 719 Peel Street

Property Features

Appliances:  Dishwasher, Dryer, Microwave, Washer
Features:  Irregular lot size
Rental Equipment:  Water Heater
Directions:  Cross Streets: Wilson Street and Dundas Street. ** Directions: Heading north on Wilson Street, turn right on Peel Street. Property is on the left.
Zoning Description:  R2
Interior Size:  2204 sqft
Lot:  93.74 x 49.6 FT ; 63.91ft x 4.01ft x49.93ftx49.6ftx93.74ft 93.74 x 49.6 FT ; 63.91ft x 4.01ft x49.93ftx49.6ftx93.74ft
Water:  Municipal water,
Heating / Cooling:   Natural gas / Fully air conditioned
Age: 
Basement:  

Rooms & Sizes