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719 PEEL STREET
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719 PEEL STREET $699,000
$699,000
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719 PEEL STREET
Woodstock (Woodstock - South), Ontario N4S1L5

MLS® Number: X12523092
1
Bathrooms
2204
Square Feet

Listing Description

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. (41604471)

Location Description

Cross Streets: Wilson Street and Dundas Street. ** Directions: Heading north on Wilson Street, turn right on Peel Street. Property is on the left.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
2204 sqft
Community Name
Woodstock - South
Land Size
93.74 x 49.6 FT ; 63.91ft x 4.01ft x49.93ftx49.6ftx93.74ft
Annual Property Taxes
$3,878.49
Total Parking Spaces
3
Time on REALTOR.ca
38 days

Building

Bathrooms
Total
1
Interior Features
Appliances Included
Dishwasher, Dryer, Microwave
Building Features
Features
Irregular lot size
Rental Equipment
Water Heater
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
3

Measurements

Square Footage
2204 sqft

Land

Lot Features
Frontage
93 ft ,8 in
Land Depth
49 ft ,7 in
Other Property Information
Zoning Description
R2
Data provided by: Woodstock Ingersoll Tillsonburg and Area Association of REALTORS® (WITAAR)
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519-968-3684
Email
Century 21 Heritage House Ltd Brokerage
Brokerage
865 DUNDAS STREET
WOODSTOCK, Ontario N4S1G8
519-539-5646

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