More Photos

×

    For Sale - 8-10 Bay Street, Woodstock, Ontario

    Est payment $7,851/mo
    Get pre-qualified
    Views   1
    Time on Jump  3 day

    AI Summary *

    • Fully refurbished 6-unit property operating at almost-new construction standards.
    • Each unit has independent heating and cooling, minimizing landlord expenses.
    • Upgraded major systems and worry-free exterior with new windows and roof.
    • Located in a walkable area with easy access to shopping and transit.
    • Great investment potential with low property taxes and full occupancy.




    Attention investors & portfolio builders! This exceptional 6-unit multi-residential property has been fully stripped down and masterfully refurbished by a local professional builder and tradespeople, offering the ultimate peace of mind and true pride of ownership. Operating at an almost-new construction standard, this turnkey powerhouse is fully occupied and structured for maximum profitability. Unbeatable mechanicals and efficiency. Each of the 6 self-contained, 1 bedroom apartments features its own independent, high-efficiency heat pump system; tenants pay for their own heating, cooling and electricity, leaving only water for the landlord. A full structural overhaul included professional updates to all major systems, including plumbing, heating and electrical systems. Worry-free exterior: this property has been outfitted with new windows and a new roof in 2022/2023, minimizing capital expenditure for years to come. Premium suite finishes: every apartment boasts a bright, modern layout outfitted with all-new (in 2023) premium stainless steel kitchen appliances; each suite has washer/dryer (purchased from a local appliance company and fully owned by the seller) and new doors installed this year as well. There is a location advantage, perfectly situated in the core of woodstock with a great walk score and immediate pedestrian-friendly access to local shopping, transit routes, schools, churches, restaurants, and essential amenities ensuring low vacancy rates. Also located in an optimization zone yielding incredibly low property taxes, aggressively boosting your net operating income (noi). Expenses for the last 12 month period and rental income included in attachments. Additional parking one block away. A rare chance to own a multi-residential unit of quality.
    Listing IDX14080610
    Address8-10 Bay Street
    CityWoodstock, Ontario
    Price$1,635,000
    Bed / Bath6 / 6 Full
    Style2-Storey, Multiplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Carpet FreeAmenities Place Of Worship, Public Transit, Library, SchoolOwnership FreeholdBasement ApartmentFoundation Poured ConcreteHeating / Cooling Heat PumpHeating Fuel ElectricSewer Sewer

    Parking 3.00
    ASAP

    Mon

    19

    Oct

    Tue

    20

    Oct

    Wed

    21

    Oct

    Thu

    22

    Oct

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    Mon

    2

    Nov

    Tue

    3

    Nov

    Wed

    4

    Nov

    Thu

    5

    Nov

    Fri

    6

    Nov

    Sat

    7

    Nov

    Sun

    8

    Nov

    Mon

    9

    Nov

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    Mon

    16

    Nov

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: Century 21 Heritage House Ltd Brokerage

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    8 Pittock Park Road
    Woodstock, Ontario.
    6 Beds | 5 Baths
    $1,664,000
    100 Parkview Drive
    Woodstock, Ontario.
    4 Beds | 3 Baths
    $1,399,000
    241 Pittock Park Road
    Woodstock, Ontario.
    4 Beds | 4 Baths
    $1,779,999
    Loading...
    8-10 Bay Street
    Woodstock , Ontario
    6 6 $1,635,000
    Get more info