1/23231 WELLINGTON STREET N, Woodstock (Woodstock - North)
231 WELLINGTON STREET N, Woodstock (Woodstock - North), ON N4S6S1
$1.7M total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA9 — High Rise
$ / SF
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Occupancy
98%
About this property
10-Unit Investment Opportunity! A true jewel for any real estate portfolio! This impressive 10-plex is in absolutely fantastic condition being exceptionally well maintained, offering investors a rare turnkey opportunity. The building features a desirable mix of 3 two-bedroom units and 7 one-bedroom units, fully tenanted, with mostly long-term tenants. Situated in a great location featuring 20 plus parking spaces, this property combines strong rental appeal with pride of ownership throughout. Fully Fire Department compliant with annual inspections done by a Fire Protection Company. Building had complete new roof installed by Smith Peat Roofing in 2020. All windows and doors have been progressively upgraded . Well cared for, fully occupied and offering multiple income streams under one roof. Expenses for the year 2025 included in the attachments as well as current Rental Income. This is an outstanding opportunity for an investor looking to add a quality multi-residential property to their portfolio. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$62K
Annual cash flow
$-31K
Cash-on-cash
-6.23%
DSCR
0.66
Going-in cap
3.67%
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
82,205
Households
28,945
Median income
$92,000
Median age
42.8
Daytime population
110,131
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 231 WELLINGTON STREET N, Woodstock (Woodstock - North).
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.