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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
719 Peel Street offers a unique opportunity for an owner-occupier to live comfortably while generating rental income in the heart of Woodstock. Zoned R2 and currently configured as a non-conforming triplex, the property features three self-contained units, each with its own kitchen. The basement unit is currently used as a residential unit, providing flexibility for additional living space, a home office, or extended family accommodation. An owner could live in one unit while renting out the other two, helping offset ownership costs. Ideally located just steps from Dundas Street and immediately west of the Rexall Pharmacy and nearby retail plaza, the property sits in one of Woodstock's most convenient and walkable corridors, close to shopping, schools, and transit.The property has been well maintained and benefits from several recent upgrades, including electrical and plumbing improvements, new flooring in many areas, and a recently shingled roof. With its flexible layout, central location, and income-generating potential, this property is well suited for buyers looking to combine home ownership with rental income or work-from-home flexibility. Income and expense details are available upon request. The Seller is open to considering a Vendor Take-Back (VTB) mortgage for qualified buyers, which may provide added flexibility when structuring the purchase. Offers welcome. (id:39198)
Location
Province
Ontario
City
Woodstock
Address
Peel
Postal Code
N4S1L5
Location Highlights
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Listed by
Century 21 Heritage House Ltd Brokerage Ontario listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$649,900
Asking Price
$649,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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