45 WELLINGTON Street S, Woodstock, Ontario, N4S3H4
This well maintained Residential property offers many opportunities. Zoned C3 (residential/commercial) it is centrally located with excellent cashflow. It has great potential to convert back to single family residence with an income rental unit. Being close to beautiful Southside Park, local eateries, the art gallery and library, 2 golf courses, and 5 schools, this is a unique property with a 3 bedroom unit, single bedroom unit and two office spaces. Please review IGuide virtual tour prior to viewing, all details can be viewed, along with measurements. Convert the three bedroom unit into a larger home. Keep the rental units as they are. Occupy the 3 bedroom apartment and rent the office spaces out. Perfect for running a home business with separate entrances. (Lawyers office, midwifery clinic, massage therapy, chiropractic office, all are consideration) Owner occupied 100% of the rent is used to help qualify for a mortgage. 10% down, 100% of the rent can be used to qualify for 25 year amortization. As a rental property 20% down (some cases could accept gifted funds for part of the down payment) with a 30 year amortization. The more rental income needed the higher the rate will be. (id:2471)
Keller Williams Innovation Realty, Brokerage
- 289-683-1808
- 519-570-4447
- 519-579-0289
- beverlyjonkerrealtor@gmail.com
- Property Address: 45 WELLINGTON Street S, Woodstock, Ontario, N4S3H4
- Property Type: Single Family
- Zoning Description: C3
- Title: Freehold
- Acreage: under 1/2 acre
- Sewage Type: Municipal sewage system
- Water Type: Municipal water
- Driveway: Attached Garage
- Total Parking Spaces: 7
- Amenities Nearby: Hospital, Park, Public Transit, Schools, Shopping
- Structure Style: House
- Style: Detached
- Storeys: 2
- Floor Space: 2883.5700
- Building Age: 1900
- Bedrooms: 4
- Bathrooms: 5-Total 3-Partial
- Basement Type: Partial (Unfinished)
- Heating Type: Natural gas
- Cooling: Central air conditioning
- Exterior Type: Brick, Vinyl siding
- Fireplace Present: True
- Foundation Type: Stone
- Appliances Included: Oven - Built-In, Water softener
- Park/reserve
- Paved driveway
- Automatic Garage Door Opener
- Quiet Area
| Type | Level | Dimensions |
|---|---|---|
| Laundry room | Second level | 4'8'' x 7'10'' |
| Primary Bedroom | Second level | 10'6'' x 12'5'' |
| 3pc Bathroom | Second level | 10'7'' x 5' |
| Living room | Second level | 15'0'' x 15'3'' |
| Kitchen/Dining room | Second level | 11'4'' x 18'7'' |
| 4pc Bathroom | Second level | 9'1'' x 13' |
| Bedroom | Second level | 12'6'' x 15'5'' |
| Bedroom | Second level | 12'8'' x 12'6'' |
| Primary Bedroom | Second level | 16'1'' x 12'2'' |
| 2pc Bathroom | Main level | 3'2'' x 6'7'' |
| 2pc Bathroom | Main level | 4'3'' x 11' |
| Office | Main level | 12'4'' x 14'1'' |
| Office | Main level | 14'0'' x 19'8'' |
| Office | Main level | 10'1'' x 9'11'' |
| Office | Main level | 12'4'' x 14'1'' |
| 2pc Bathroom | Main level | 3'2'' x 6'7'' |
| Kitchen | Main level | 9'7'' x 21'0'' |
| Living room/Dining room | Main level | 12'6'' x 14'6'' |
Listing Office: KELLER WILLIAMS INNOVATION REALTY
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