506 DUNDAS STREET, Woodstock (Woodstock - North)
$495,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13736272
- Neighbourhood
- Woodstock - North
Excellent opportunity in a prime Downtown Woodstock location! Solid commercial building with full basement, presently operating as Nico's Bar & Grill, licensed for 140. The existing bar/nightclub operation with pool tables can be continued or rebranded with a new concept, while the property also offers potential for a variety of other commercial uses including retail, office or your own business venture. The full basement provides additional usable space and is currently utilized as a pool room. Property may be purchased with or without the existing Nico's Bar & Grill business. The neighbouring property and Dino's Dining Lounge business at 510 Dundas Street, under the same ownership, are also available separately, providing an opportunity to acquire one or both locations. Excellent Downtown exposure in the heart of Woodstock with numerous possibilities for an owner/operator, investor or entrepreneur. Owner is flexible on closing, terms and negotiations..
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.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. PS — elementary, WoodstockFraser rating 7.3/10
- Oliver Stephens — elementary, WoodstockFraser rating 6.2/10
- Sainte-Marguerite-Bourgeoys — elementary, WoodstockFraser rating 6.1/10
- St Patrick's — elementary, WoodstockFraser rating 6.0/10
- Woodstock — secondary, WoodstockFraser rating 5.8/10
- Springbank — elementary, WoodstockFraser rating 5.6/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 506 DUNDAS STREET
$595,000
Other510 DUNDAS STREET, Woodstock - North, Woodstock
$475,000
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