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389 DUNDAS Street

389 DUNDAS Street

Woodstock, Ontario

3,618 sqft • Retail

$1,250,000

Exceptional mixed-use investment or owner-user opportunity featuring 3,618 SF above grade with a retail/commercial unit on the main floor and two fully renovated residential apartments above. This property has undergone a comprehensive top-to-bottom reconstruction with virtually every major building component replaced or upgraded. Improvements include a full HVAC replacement, all new plumbing throughout, a new code-compliant fire stairwell, new full-glass façade, repointed exterior brick, new buzzer/intercom system, and complete interior reconstruction of all units. Residential and commercial spaces were taken back to the exterior walls, fully re-insulated, and rebuilt to modern standards. The main floor retail space offers excellent street presence, two washrooms, and direct access to an additional 634 SF basement storage area (not included in the total building area). The two upper residential units feature in-suite laundry and modern finishes throughout. A rare opportunity to acquire a mixed-use asset where the major capital improvements have already been completed. Ideal for investors seeking minimal deferred maintenance or owner-users looking for a turnkey building with income-generating residential components. Extensive renovations completed throughout. Move in, lease up, and focus on operations rather than building upgrades.

Price History

Property

Lot Size
0.06 acres

Schools

Elementary

  • Central Public School0.2 km

    Public · Thames Valley DSB · 460 students

    Grade 3 reading: 59% met the provincial standard · Grade 6 math: 25% met the provincial standard

  • Holy Family School0.8 km

    Catholic · London District Catholic School Board · 240 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 45% met the provincial standard

  • Southside Public School1.3 km

    Public · Thames Valley DSB · 395 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 54% met the provincial standard

Secondary

  • Woodstock Collegiate Institute0.3 km

    Public · Thames Valley DSB · 590 students

    Grade 10 literacy: 88% met the provincial standard

  • St Don Bosco Catholic Secondary School1 km

    Catholic · Waterloo CDSB

  • College Avenue Secondary School1.4 km

    Public · Thames Valley DSB · 935 students

    Grade 10 literacy: 66% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N4S

Population
33,055
Private dwellings
14,516
Median age
42.8
Average household size
2.3
Median household income
$78,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Retail in Woodstock · last 12 months

Median sold price
$576,000
Homes sold
708
Median days on market
25
Sale-to-list price
97.8%

Based on 708 recorded sales of retail properties in Woodstock over the last 12 months.

Location

Mortgage Calculator

$250,000

Estimated Monthly Payment

$6,141

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,141/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $313/mo

Estimates only. Consult a financial advisor.

R

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