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$649,500
Woodstock
50 Wellington Street North, Woodstock (Woodstock - North), Ontario, N4S6P5
This multi-family property in Woodstock is for sale offering roughly 1,750 sq ft of space.
DUPLEX: Looking for a newer 2 storey home with a separate lower unit and rental income potential? This could be the perfect setup! The spacious 1,672 sq.ft. 2-storey home features new flooring and fresh paint throughout, with a bright open concept main floor, inviting kitchen, front and rear porches, convenient powder room and main floor laundry. Upstairs you'll find a generous primary bedroom with walk-in closet and garden door to a private balcony, 2 additional bedrooms and a sparkling 4 piece bath. The 678 sq.ft. lower unit has its own separate exterior entrance and includes a comfortable living room, kitchen, bedroom and tidy 3 piece bath. Close to downtown, this versatile property offers flexibility, privacy and the opportunity to offset your mortgage with rental income.Click on the 3D virtual tour, explore the home and neighbourhood, and see how you can leverage the income from an owner occupied duplex to help make homeownership more attainable. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 49 days across the listings currently for sale in this city
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.
This 4-bed multi-family in Woodstock (Woodstock - North) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $649,500, about 8.3× the local median household income of $78,000.
Carrying it typically needs a household income of about $126,870 (20% down, 25-yr amortization, stress-tested) — roughly 63% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4S)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice