$485,000
For sale: Multiplex

Attention Investors! Great opportunity to add this triplex to your investment portfolio! Featuring three separate rental units, including a 2-bedroom apartment currently rented for $1,357/month, a 1-bedroom plus den rented for $1,221/month, and a bachelor apartment rented for $950/month, generating a combined rental income of $3,528 per month.The two front units feature stainless steel fridges and stoves, along with private access to washer and dryer facilities in the basement. The rear bachelor unit offers a separate living space without laundry. The property is equipped with separate hydro and gas meters for all 3 units, as well as two water meters. This property offers an excellent opportunity for investors looking to build equity and increase rental potential. While some cosmetic updates would enhance the property, it offers a solid foundation with existing rental income and plenty of room for improvement. A great opportunity to add value and maximize your investment!
Sold data
Homes in Woodstock North took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 62, across 93 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $599,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 93 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. 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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