$1,050,000

For sale

455 Dundas Street, Woodstock (Woodstock - North) - Retail for Sale

455 Dundas Street, Woodstock (Woodstock - North), Ontario, N4T1A1

7,024 ft²Listed 15 days ago

Overview

This retail property in Woodstock is for sale offering roughly 7,024 sq ft of space. It has been on the market 15 days, fresher than the Woodstock average of 49 days.

Retail Space for Sale in Woodstock →All real estate in Woodstock →

Description

EXCELLENT INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN WOODSTOCK! Prime mixed-use building directly across from Museum Square, offering excellent street visibility and exposure. The main floor features a recently renovated, spacious restaurant with an LLBO license for 70 indoor seats plus 20 patio seats, along with basement access. Well-suited for a variety of restaurant concepts. The upper floors feature two residential apartments: a 1-bedroom, 1-bathroom unit and a spacious two-level unit with 4 bedrooms and 2 bathrooms. The current owner operates the restaurant, while both apartments are rented 1 bedroom apartment rented fro $1500 and 4 bedrooms aprment rented $1000 each for $4000 total, offering immediate rental potential or the opportunity to live upstairs and operate the restaurant below. A GREAT OPPORTUNITY FOR INVESTORS OR OWNER-OPERATORS LOOKING TO OWN A PRIME DOWNTOWN PROPERTY WITH MULTIPLE INCOME STREAMS! (id:66096)

Property Details

MLS®: X14099160
Property Type: Retail
Zoning: Commercial
Interior Size: 7,024 ft²
Frontage: 21 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $6,364/yr
Listed: 15 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Woodstock (Woodstock - North) listings, avg age

49d

Price / ft²

$149

List price

$1.05M

Homes here sell close to asking price

Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This retail in Woodstock (Woodstock - North) has been listed for 15 days, which is 34 days fresher than the city average of 49. Act while there is still low competition.

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Listed by REON HOMES REALTY INC. · ANANTH PONNAIAH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4T)

This home lists at $1,050,000, about 10.7× the local median household income of $98,000.

Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 109% above the area median.

Median household income: $98,000
Population: 15,161
Median age: 38.4
Owner / renter: 72% / 28%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N4T)

$1,050,000· $149/ft²

For sale

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