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.
Listing IDX12523092
Address719 Peel Street
CityWoodstock, Ontario
Price$699,000
Bath1 Full
StyleInvestment
Land Size5166.67
TypeIndustrial/Commercial
StatusFor Sale
