$1,635,000
Available - For Sale
Listing ID: X14080632
8-10 Bay Street , Woodstock, N4S 3K5, Oxford
| 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. |
| Price | $1,635,000 |
| Taxes: | $2387.02 |
| Tax Type: | N/A |
| Occupancy: | Tenant |
| Address: | 8-10 Bay Street , Woodstock, N4S 3K5, Oxford |
| Postal Code: | N4S 3K5 |
| Province/State: | Oxford |
| Legal Description: | PT LT 3 S/S DUNDAS ST BLK 1 PL 34 S/T 43 |
| Directions/Cross Streets: | Dundas |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 4709.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Washrooms: | 6 |
| Heat Type: | Other |
| Central Air Conditioning: | Yes |
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| Century 21 Heritage House Ltd Brokerage |
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|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Oxford |
| Municipality: | Woodstock |
| Neighbourhood: | Woodstock - South |
| Tax: | $2,387.02 |
| Baths: | 6 |
| Fireplace: | N |
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