$1,299,000

For sale

745 Hounsfield Street, Woodstock (Woodstock - South) - Industrial for Sale

745 Hounsfield Street, Woodstock (Woodstock - South), Ontario, N4S1P6

20,909 sq ft (0.48 ac) lot sizeListed 45 days ago

Overview

This industrial property in Woodstock is for sale. It has been on the market 45 days, fresher than the Woodstock average of 70 days.

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Description

Exceptional investment and redevelopment opportunity in the heart of Woodstock. Situated on a 0.48-acre site, this well-maintained 5,176 sq. ft. two-storey building is in excellent condition and offers incredible flexibility for a variety of uses. Ideal for contractors, trades, service businesses, municipal or institutional users, the property features office space, a secure fenced yard, ample on-site parking, and a functional layout that's perfectly suited for a shop, operations centre, or headquarters. Conveniently located just minutes from downtown Woodstock with quick access to Highways 59, 2, 401, and 403. Zoned Neighbourhood Institutional (N1-6), the property also presents excellent long-term redevelopment potential with the possibility of residential redevelopment, subject to municipal approvals and rezoning. A rare opportunity to acquire a versatile property offering immediate functionality and outstanding future upside. Rear parking lot parcel included in the sale. (id:66096)

Property Details

MLS®: X13812868
Property Type: Industrial
Zoning: R2
Lot Size: 20,909 sq ft (0.48 ac)
Frontage: 100 ft
Heating: Other
Cooling: Fully air conditioned
Listed: 45 days ago

Features

Lot Features: Irregular lot size

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Woodstock (Woodstock - South) listings, avg age

70d

List price

$1.30M

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 industrial in Woodstock (Woodstock - South) has been listed for 45 days, which is 25 days fresher than the city average of 70. Act while there is still low competition.

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Listed by CENTURY 21 FIRST CANADIAN CORP · MARK VIEIRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N4S)

This home lists at $1,299,000, about 16.7× the local median household income of $78,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 225% above the area median.

Median household income: $78,000
Population: 33,055
Median age: 42.8
Owner / renter: 66% / 34%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N4S)

$1,299,000

For sale

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Financing

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