18
See all 18 photos
$1,635,000
Est. payment /mo
4 Beds
6 Baths
New
8-10 Bay ST Woodstock, ON N4S 3K5
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Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Woodstock - South
MLS Listing ID X14080610
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,387
Tax Year 2026
Property Sub-Type Multiplex
Property Description
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.
Location
Province ON
County Oxford
Area Oxford
Rooms
Family Room No
Basement Apartment
Kitchen 6
Separate Den/Office 2
Interior
Interior Features Carpet Free
Cooling Other
Fireplace No
Heat Source Electric
Exterior
Parking Features Available
Pool None
Roof Type Asphalt Shingle
Lot Frontage 51.1
Lot Depth 74.57
Total Parking Spaces 3
Building
Unit Features Place Of Worship,Public Transit,Library,School
Foundation Poured Concrete
Others
ParcelsYN Yes
Listed by Century 21 Heritage House Ltd Brokerage
Nearby Locations