Property Information:
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:27)
Building Features:
-
Style:
Multiplex
-
Building Type:
Multi-Family
-
Air Conditioning:
Yes
-
Floor Space:
2204 sqft
-
Heating Type:
Forced air
-
Heating Fuel:
Natural gas
-
Cooling Type:
Fully air conditioned
-
Appliances:
Dishwasher, Dryer, Microwave
