Business For Sale · Multifamily

692 DUNDAS STREET, Woodstock (Woodstock - South)

692 DUNDAS STREET, Woodstock (Woodstock - South), ON N4S1E6

$799,000 total

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

91%

About this property

Over 9% Caprate Potential, 4 Unit Mixed Use (3 Residential 1 Commercial) *With Potential of Splitting Commercial Unit into TWO Commercial Unit* 2852 Total Interior Sqft Building with Land For Sale! The Commercial Unit is VACANT Ready for You to Open Your Own Business + Collect $4,650/month Rent Money from all Three Occupied Residential Units to Great Tenants, to Pay for Your Mortgage & Expenses! Buy as an Investment and Become a Commercial & Residential Landlord. Great to Add to Your Portfolio. One of the Most Busy Streets in Woodstock, Located across the Street from Esso Gas Station & 7 Eleven on One Side, and Rexall Pharmacy on the Other Side, Absolutely Prime Location! The C5 Zoning Allows for so Many Commercial Uses Including Auto Service Station, Bank, Financial Institution, Banquet Hall, Bar, Offices, Church, School, Convenience Store, Contact Centre, Drug Store, Dry Cleaner, Restaurant, Finance Office, Florist, Furniture Store, Health Club, Hotel, Laundry Shop, Medical Clinic, Dealership, Music School, Parking Lot, Service Shop, Artist & Photo Studio, Entertainment, Printing Shop, Library, Indoor Sports, Food Store, Shopping Centre, Wholesale Outlet, and More! Residential Units Have all Been Recently Updated and renovated. The Commercial Unit is at the Front Ground Floor, Rear Ground Floor is a 1 Bedroom Unit (With Access to Basement), on 2nd Floor is a 2 Bedroom Unit + a 1 Bedroom Unit. Each Unit Has Parking and its Own Laundry Suite, Own Furnace & AC, Separate Hot Water Heaters, Dishwashers, and Each Pay Their Own Hydro & Gas! Landlord Pays for Water, Insurance & Property Tax. Recent Work Includes Plumbing in Basement (2026), Rainwater Drainage Pipes (2026), Exterior Brickwork (2025), New Lower Roof (2025), All 3 Residential Units Renovation (2020), 3 Furnaces & A/C's (2020). Woodstock is Growing at a Very Fast Pace. Unit #1 Rent = $1,500/m; Unit #2 Rent = $1,500/m; Unit #3 Rent = $1,650/m. Expenses Approximately $1,000/m = $3,650/m Cashflow. (id:66811)

Financial sandbox

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Estimate
Purchase price$799K
Down payment30% · $240K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$32K

Annual cash flow

$-12K

Cash-on-cash

-5.11%

DSCR

0.72

Going-in cap

4.01%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

57,169

Households

26,966

Median income

$62,000

Median age

36.9

Daytime population

51,120

5-yr growth

2.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 692 DUNDAS STREET, Woodstock (Woodstock - South).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.