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560 Peel Street

560 Peel Street

Woodstock, ON

  • 3 bed
  • 2 bath
  • approx. 1500-2000 sqft
  • Detached
  • 145 days on market
$850,000

Welcome to a truly rare live/work opportunity set on an expansive 50 x 132 ft lot-properties like this seldom become available. The home is approximately 1785 sq ft all on the main level and the separate commercial space is approximately 600 sq ft. This exceptional property blends residential comfort with commercial flexibility, offering endless possibilities for entrepreneurs, investors, or those seeking a unique lifestyle setup. The beautifully renovated home features soaring 11-foot ceilings that create an airy, open feel throughout. Originally a 3-bedroom home, the layout is currently configured as a one-bedroom but can easily be converted to a 2 bedroom at the Sellers' sole cost. Designed with gatherings in mind, the inviting family room and sunroom additions offer a perfect retreat, complete with a cozy fireplace, built-in bar, vaulted ceilings, large windows, and tranquil views! A walkout leads to your private backyard oasis featuring a heated saltwater pool and hot tub, gazebo, and maintenance free deck! Every inch of this home reflects meticulous care and pride of ownership. Completely separate from the residence is a modern approximately 600 square foot commercial building with 2 skylights, equipped with its own central air conditioning, a gas furnace, its own washroom, and a rough-in for a gas fireplace. Currently operating as a thriving barber shop (in business for 70 years), this versatile space benefits from commercial zoning, allowing for a wide range of uses-ideal for professional offices, salons, or even a private studio. The commercial space offers very strong income potential and flexibility for a variety of uses such as a lawyer, doctor, or accountant's office, nail or hair salon, or even a private suite for extended family, a nanny, or teenagers. Conveniently located less than 1.5 hours from Toronto and approximately 30 minutes to both London and Kitchener, this is a rare opportunity to own a versatile property that truly has it all.

Listing Details

Taxes (2025)
$4,272
Listed
April 22, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation
Stone
Interior
Accessory Apartment, Bar Fridge, In-Law Capability, Primary Bedroom - Main Floor, Storage, Upgraded Insulation
Lot Size
50 x 132 Feet

Parking

Garage
Detached
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Dundas St. & Victoria St. S.
Parcel Number
001050028
Possession
Flexible
Occupancy
Owner

Included

Inclusions
All stainless steel kitchen appliances: Fridge, Stove, Dishwasher, Hood Fan. Bar Fridge. Front Load Washer and Dryer. All Electric Light Fixtures.
Exclusions
Curtains in Bedroom. Electric Fireplace in Living Room.
Rental Items
Hot Water Tank

Schools

Secondary

  • St Don Bosco Catholic Secondary School0.3 km

    Catholic · Waterloo CDSB

  • Woodstock Collegiate Institute0.4 km

    Public · Thames Valley DSB · 590 students

    Grade 10 literacy: 88% met the provincial standard

  • College Avenue Secondary School0.9 km

    Public · Thames Valley DSB · 935 students

    Grade 10 literacy: 66% met the provincial standard

Elementary

  • Central Public School0.6 km

    Public · Thames Valley DSB · 460 students

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

  • Oliver Stephens Public School1.2 km

    Public · Thames Valley DSB · 325 students

    Grade 3 reading: 52% met the provincial standard · Grade 6 math: 57% met the provincial standard

  • Northdale Public School1.2 km

    Public · Thames Valley DSB · 385 students

    Grade 3 reading: 58% met the provincial standard · Grade 6 math: 34% 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

Residential Freehold in Woodstock · last 12 months

Median sold price
$575,000
Homes sold
697
Median days on market
25
Sale-to-list price
97.7%

Based on 697 recorded sales of residential freehold properties in Woodstock over the last 12 months.

Rooms

5-piece on Main, 2-piece on Ground

Main

  • Dining Room13'2" x 9'1"
  • Family Room19'1" x 14'6"
  • Kitchen12' x 9'1"
  • Living Room15'3" x 13'2"
  • Primary Bedroom14'10" x 12'1"
  • Sunroom14'7" x 9'5"

Ground

  • Other

Basement

  • Recreation23'1" x 11'7"

Listed by

RE/MAX WEST REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$170,000

Estimated Monthly Payment

$4,176

Land transfer tax

Estimated land transfer tax$13,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

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

Mortgage: $4,176/mo (20% down, 5.5%)

Taxes: $356/mo · Insurance: $213/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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