45 Wellington Street S Woodstock, Ontario N4S 3H4
$799,999
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:22076)
Property Details
| MLS® Number | 40365435 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Park, Public Transit, Schools, Shopping |
| Community Features | Quiet Area |
| Equipment Type | Water Heater |
| Features | Park/reserve, Paved Driveway, Automatic Garage Door Opener |
| Parking Space Total | 7 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | Oven - Built-in, Water Softener |
| Architectural Style | 2 Level |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Constructed Date | 1900 |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Fixture | Ceiling Fans |
| Foundation Type | Stone |
| Half Bath Total | 3 |
| Heating Fuel | Natural Gas |
| Stories Total | 2 |
| Size Interior | 2883.5700 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 80 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | C3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Laundry Room | 4'8'' x 7'10'' | ||
| Second Level | Primary Bedroom | 10'6'' x 12'5'' | ||
| Second Level | 3pc Bathroom | 10'7'' x 5' | ||
| Second Level | Living Room | 15'0'' x 15'3'' | ||
| Second Level | Kitchen/dining Room | 11'4'' x 18'7'' | ||
| Second Level | 4pc Bathroom | 9'1'' x 13' | ||
| Second Level | Bedroom | 12'6'' x 15'5'' | ||
| Second Level | Bedroom | 12'8'' x 12'6'' | ||
| Second Level | Primary Bedroom | 16'1'' x 12'2'' | ||
| Main Level | 2pc Bathroom | 3'2'' x 6'7'' | ||
| Main Level | 2pc Bathroom | 4'3'' x 11' | ||
| Main Level | Office | 12'4'' x 14'1'' | ||
| Main Level | Office | 14'0'' x 19'8'' | ||
| Main Level | Office | 10'1'' x 9'11'' | ||
| Main Level | Office | 12'4'' x 14'1'' | ||
| Main Level | 2pc Bathroom | 3'2'' x 6'7'' | ||
| Main Level | Kitchen | 9'7'' x 21'0'' | ||
| Main Level | Living Room/dining Room | 12'6'' x 14'6'' |
https://www.realtor.ca/real-estate/25332603/45-wellington-street-s-woodstock
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Kitchener-Waterloo Association of REALTORS®
Keller Williams Innovation Realty
March 16 2023 11:37:34
