231 WELLINGTON STREET N, Woodstock (Woodstock - North)

$1,680,000

For sale: Multiplex

Multiplex at 231 WELLINGTON STREET N, Woodstock (Woodstock - North)
Property type
Investment
MLS®
MLS® X13742734
Neighbourhood
Woodstock - North

10-Unit Investment Opportunity! A true jewel for any real estate portfolio! This impressive 10-plex is in absolutely fantastic condition being exceptionally well maintained, offering investors a rare turnkey opportunity. The building features a desirable mix of 3 two-bedroom units and 7 one-bedroom units, fully tenanted, with mostly long-term tenants. Situated in a great location featuring 20 plus parking spaces, this property combines strong rental appeal with pride of ownership throughout. Fully Fire Department compliant with annual inspections done by a Fire Protection Company. Building had complete new roof installed by Smith Peat Roofing in 2020. All windows and doors have been progressively upgraded . Well cared for, fully occupied and offering multiple income streams under one roof. Expenses for the year 2025 included in the attachments as well as current Rental Income. This is an outstanding opportunity for an investor looking to add a quality multi-residential property to their portfolio.

Sold data

Homes in Woodstock (Woodstock - North) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.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.

Median days to sell
25
Median sale price
$597,000
Sale-to-list ratio
97.6%
Sold above asking
13%

Based on 175 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Woodstock (Woodstock - North)

Woodstock (Woodstock - North) has 19 Fraser Institute–rated schools (14 elementary and 5 secondary), averaging 4.8/10.

Rated schools
19
Elementary
14
Secondary
5
Average rating
4.8 / 10

Top-rated schools in Woodstock (Woodstock - North)

  • Roch Carrier F.I. PSelementary, WoodstockFraser rating 7.3/10
  • Oliver Stephenselementary, WoodstockFraser rating 6.2/10
  • Sainte-Marguerite-Bourgeoyselementary, WoodstockFraser rating 6.1/10
  • St Patrick'selementary, WoodstockFraser rating 6.0/10
  • Woodstocksecondary, WoodstockFraser rating 5.8/10
  • Springbankelementary, WoodstockFraser rating 5.6/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 231 WELLINGTON STREET N