8-10 Bay Street, Woodstock, ON N4S 3K5
Woodstock, ON N4S 3K5
About this property
Attention Investors & Portfolio Builders! This exceptional 6-unit multi-residential property has been fully stripped down and masterfully refurbished by a local professional builder and tradespeople, offering the ultimate peace of mind and true pride of ownership. Operating at an almost-new construction standard, this turnkey powerhouse is fully occupied and structured for maximum profitability. Unbeatable mechanicals and efficiency. Each of the 6 self-contained, 1 bedroom apartments features its own independent, high-efficiency heat pump system; tenants pay for their own heating, cooling and electricity, leaving only water for the landlord. A full structural overhaul included professional updates to all major systems, including plumbing, heating and electrical systems. Worry-free exterior: this property has been outfitted with new windows and a new roof in 2022/2023, minimizing capital expenditure for years to come. Premium suite finishes: every apartment boasts a bright, modern layout outfitted with all-new (in 2023) premium stainless steel kitchen appliances; each suite has washer/dryer (purchased from a local appliance company and fully owned by the seller) and new doors installed this year as well. There is a location advantage, perfectly situated in the core of Woodstock with a great walk score and immediate pedestrian-friendly access to local shopping, transit routes, schools, churches, restaurants, and essential amenities ensuring low vacancy rates. Also located in an optimization zone yielding incredibly low property taxes, aggressively boosting your net operating income (NOI). Expenses for the last 12 month period and Rental Income included in attachments. Additional parking one block away. A rare chance to own a multi-residential unit of quality. More information available.
Property facts & features
- Days on market
- Not reported
- Property type
- Investment
- MLS® number
- X14080632
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- 6
- Reported interior area
- 4709
- Neighbourhood
- Not provided
- Postal code
- N4S 3K5
- Garage
- Outside/Surface
- Lot depth (source units)
- 74.57
- Annual property tax
- 2387.02
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 17 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,635,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Woodstock →Listing brokerage: Century 21 Heritage House Ltd Brokerage. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14080632. Information deemed reliable but not guaranteed.