719 Peel Street offers a unique opportunity for an owner-occupier to live comfortably while generating rental income in the heart of Woodstock. Zoned R2 and currently configured as a non-conforming triplex, the property features three self-contained units, each with its own kitchen. The basement unit is currently used as a residential unit, providing flexibility for additional living space, a home office, or extended family accommodation. An owner could live in one unit while renting out the other two, helping offset ownership costs. Ideally located just steps from Dundas Street and immediately west of the Rexall Pharmacy and nearby retail plaza, the property sits in one of Woodstock's most convenient and walkable corridors, close to shopping, schools, and transit.The property has been well maintained and benefits from several recent upgrades, including electrical and plumbing improvements, new flooring in many areas, and a recently shingled roof. With its flexible layout, central location, and income-generating potential, this property is well suited for buyers looking to combine home ownership with rental income or work-from-home flexibility. Income and expense details are available upon request. The Seller is open to considering a Vendor Take-Back (VTB) mortgage for qualified buyers, which may provide added flexibility when structuring the purchase. Offers welcome. (id:4069)
Address
719 PEEL STREET
List Price
$649,900
Property Type
Multi-family
Type of Dwelling
Triplex
Style of Home
Bungalow
Transaction Type
Sale
Area
Ontario
Sub-Area
Woodstock (woodstock South)
Bedrooms
5
Bathrooms
3
Floor Area
1100 - 1500 Sq. Ft.
Lot Size
93.7 x 49.6 FT ; 63.91ft x 4.01ft x49.93ftx49.6ftx93.74ft Sq. Ft.
MLS® Number
X12737172
Listing Brokerage
Century 21 Heritage House Ltd Brokerage
Basement Area
N/A
Postal Code
N4S1L5
Site Influences
Place of Worship, Public Transit
Features
Irregular lot size
