$3,200,000
For sale: Multiplex

Opportunity Awaits at 226 Clarke Street, Woodstock. Expand your portfolio with this turn key, 12-unit residential building located in the heart of one of Ontario's fastest-growing rental markets. Priced at a 5.25% CAP and featuring a 6 unit apartment building in the front, completely renovated to condo standards with low maintenance ownership in mind. Behind the apartment building sits 6 luxury executive townhomes, completely renovated in 2021 - these units are unique in the market and are highly sought after by professionals. Prime location, close to Toyota Manufacturing Plant and HWY 401. Positioned in a high-demand area with historically low vacancy rates. This is a rare chance to acquire a clean, low maintenance, turnkey asset in a "Primary Growth Centre." Whether you are looking for stable cash flow or long-term appreciation, 226 Clarke delivers.
Sold data
Homes in Woodstock (Woodstock - North) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 43, across 175 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $597,000.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 175 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Woodstock (Woodstock - North) has 19 Fraser Institute–rated schools (14 elementary and 5 secondary), averaging 4.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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