555-553 Adelaide Street, Woodstock | Image 1

555-553 Adelaide Street

Woodstock, Woodstock - North

  • Commercial

$XXX,XXX
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: C3

  • Age: No Data

  • Taxes: 4094.94

  • MLS®#: X11290699

  • Days on Site: 19 Days

  • Added: Nov 10, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: Royal Lepage Triland Realty Brokerage

Attention investors & first time home buyers! This affordable 5 plex is a great opportunity to kick start your personal wealth and portfolio. Ample parking for all 5 units plus affordable utilities with boiler heat (hot water radiator) and HE A/C. Walking distance to public transportation hub, shopping, restaurants, and local hot spots, this location is ideal for tenants. With affordable rents you will be able to keep vacancy low and prosper from future rent increases. For first time home buyers: move into a unit and let the rental income pay your mortgage for you! A perfect stepping stone for a young couple just starting out looking for a way into the market.

Property

  • Status: Sale

  • Property Type: Investment

  • Area: Woodstock

  • Community: Woodstock - North

  • Availability Date: Flexible

  • Assessment Amount: $238,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 5

  • Air Conditioning: Central Air

  • Washrooms: 5

Building

  • Basement: Y

  • Heat Type: Radiant

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LTS 2 - 3 BLK F PL 182, PART 1, 41R7931 ; WOODSTOCK

  • Taxes: $4,095

  • Expenses: Act

  • Insurance Fee: 2161

  • Hydro Expense: 4203

  • Heat Expenses: 2618

Land

  • Cross Street: North on Wellington

  • Municipality District: Woodstock

  • Parcel Number: 001150782

  • Sewer: Sewers

  • Lot Depth: 101.2 Feet

  • Lot Frontage: 60 Feet

  • Zoning: C3

Commercial Specific

  • Total Area: 2754

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Tangible Property Included: Y

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