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560 Peel Street

560 Peel Street

Woodstock, ON

  • 3 bed
  • 1 bath
  • 2,350 sqft
  • Commercial Retail
  • 115 days on market
$850,000

Outstanding commercial/live-work opportunity on a high-exposure 50 x 132 ft commercial/residential zoned lot. Rarely offered, this unique property combines a beautifully renovated residence with a fully detached approx. 600 sq. ft. commercial building, creating an ideal acquisition for owner-operators, investors, or entrepreneurs seeking both business and residential functionality in one asset. The commercial space has its own HVAC, gas furnace, private washroom, two skylights, and rough-in for a gas fireplace. Operating continuously as a successful barber shop for more than 70 years, this established location offers exceptional opportunity to continue as a barber shop/hair salon with all equipment included, or reposition the space for a wide range of permitted commercial uses including professional offices, medical or wellness practices, accounting or lawyers' offices, salon or esthetics services plus more. The commercial component offers strong owner-user and income-generating potential, with zoning flexibility that supports a variety of businesses. Ideal for professionals looking to eliminate leased premises and build equity while operating from a proven business location. The renovated residence features approx. 1785 square feet all on one level, soaring 11-foot ceilings, spacious principal rooms, family room and sunroom additions with fireplace and built-in bar, and a flexible floor plan currently configured as one bedroom, with the Seller willing to convert toa two-bedroom layout at the Seller's expense. The private grounds include a heated saltwater pool, hot tub, gazebo, and maintenance-free deck, providing an exceptional live/work lifestyle. Strategically located less than 1.5 hours from Toronto and approximately 30 minutes to both London and Kitchener, this is a rare opportunity to acquire a versatile mixed-use property with established business history, flexible commercial zoning, and significant future upside!

Listing Details

Taxes (2025)
$4,272
Listed
May 21, 2026

Price History

Listing history

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Property

Lot Size
50 x 132 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary Available
Heat Source
Gas

Location & Legal

Cross Street
Dundas St. & Victoria St. S.
Zoning
T - Residence with a commercial unit.
Parcel Number
001050028
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Service Related
Office / Apartment Area
600 Sq Ft

Included

Inclusions
All Barber Shop equipment can be included with the sale if the buyer chooses! 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.

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

Commercial in Woodstock · last 12 months

Median sold price
$575,000
Homes sold
698
Median days on market
25
Sale-to-list price
97.7%

Based on 698 recorded sales of commercial properties in Woodstock over the last 12 months.

Listed by

RE/MAX WEST REALTY INC.

Walk Score

93

Walk

61

Bike

Scores by Walk Score®

Commercial figures

Building area
2,350 sq ft
Price per sq ft
$361.70
Annual property tax
$4,272
Tax per sq ft
$1.82

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The private grounds include a heated saltwater pool, hot tub, gazebo, and maintenance-free deck, providing an exceptional live/work lifestyle.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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