515 Main Street, Woodstock (Woodstock - North), Ontario, N4S1V3


$2,499,900
Woodstock
This lot in Woodstock is for sale.
Permit-ready development opportunity, subject to completion of the Record of Site Condition, at 515 Main Street in Woodstock. Situated on approximately 0.71 acres and zoned R4-sp, the approved plans provide for 50 residential units, nearly 50,000 sq. ft. of total gross floor area, surface parking and an additional 4,123 sq. ft. of balcony space across all floors. Located near Downtown Woodstock, the property is within walking distance of the VIA Rail station, public transit, restaurants, cafés, banks, pharmacies, Woodstock City Hall, the public library and Southside Park. Woodstock recorded a 2.8% purpose-built rental vacancy rate in 2025, according to CMHC, supporting the need for additional well-positioned rental housing. Strategically located near Highways 401 and 403 within an established agricultural, manufacturing and logistics hub, the site provides access to nearly two million people within approximately a one-hour drive. An exceptional opportunity to acquire an approved, well-connected multifamily development site in one of Southwestern Ontario's growing communities. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 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 vacant land 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 $2,499,900, about 32.0× the local median household income of $78,000.
Carrying it typically needs a household income of about $488,318 (20% down, 25-yr amortization, stress-tested) — roughly 526% above the area median.
Source: Statistics Canada, 2021 Census (FSA N4S)
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