$599,900
For sale: Detached

Excellent investment opportunity in a highly sought-after neighbourhood! This fully tenanted property features two self-contained units with separate hydro meters. The main floor is currently rented for $2,100/month + hydro, while the basement unit is rented for $1,995/month + hydro. Water is included in the rent. The property has undergone extensive renovations and features a newer double-wide concrete driveway with parking for up to four vehicles. Both tenants are on fixed-term leases and will be assumed by the buyer, providing immediate rental income. A turnkey investment in a desirable location!
Sold data
Detached homes in Woodstock (Woodstock - South) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 41, across 124 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $632,400.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 124 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Woodstock (Woodstock - South) 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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