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8-10 Bay Street

8-10 Bay Street

Woodstock, ON

  • 6 bath
  • 4,709 sqft
  • Investment
$1,635,000

Attention Investors & Portfolio Builders! This exceptional 6-unit multi-residential property has been fully stripped down and masterfully refurbished by a local professional builder and tradespeople, offering the ultimate peace of mind and true pride of ownership. Operating at an almost-new construction standard, this turnkey powerhouse is fully occupied and structured for maximum profitability. Unbeatable mechanicals and efficiency. Each of the 6 self-contained, 1 bedroom apartments features its own independent, high-efficiency heat pump system; tenants pay for their own heating, cooling and electricity, leaving only water for the landlord. A full structural overhaul included professional updates to all major systems, including plumbing, heating and electrical systems. Worry-free exterior: this property has been outfitted with new windows and a new roof in 2022/2023, minimizing capital expenditure for years to come. Premium suite finishes: every apartment boasts a bright, modern layout outfitted with all-new (in 2023) premium stainless steel kitchen appliances; each suite has washer/dryer (purchased from a local appliance company and fully owned by the seller) and new doors installed this year as well. There is a location advantage, perfectly situated in the core of Woodstock with a great walk score and immediate pedestrian-friendly access to local shopping, transit routes, schools, churches, restaurants, and essential amenities ensuring low vacancy rates. Also located in an optimization zone yielding incredibly low property taxes, aggressively boosting your net operating income (NOI). Expenses for the last 12 month period and Rental Income included in attachments. Additional parking one block away. A rare chance to own a multi-residential unit of quality. More information available.

Listing Details

Taxes (2026)
$2,387
Listed
October 15, 2026

Price History

Listing history

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Property

Lot Size
51.1 x 74.57 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Dundas
Zoning
C5
Parcel Number
001050128
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Apts - 6 To 12 Units

Included

Inclusions
s/s 6 stoves, 6 fridges, 6 OTR's, 4 dishwashers; 6 stacking washer/dryer (white); hot water heater;

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
$565,000
Homes sold
699
Median days on market
26
Sale-to-list price
97.7%

Based on 699 recorded sales of commercial properties in Woodstock over the last 12 months.

Listed by

Century 21 Heritage House Ltd Brokerage

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
4,709 sq ft
Price per sq ft
$347.21
Annual property tax
$2,387
Tax per sq ft
$0.51

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

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Each of the 6 self-contained, 1 bedroom apartments features its own independent, high-efficiency heat pump system; tenants pay for their own heating, cooling and electricity, leaving only water for the landlord.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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