
729 Devonshire Avenue
Woodstock, ON
- 52,781 sqft
- Commercial Retail
Exceptional investment opportunity to own one of Woodstock's established medical plazas! Located at 729 Devonshire Avenue, this fully leased, standalone professional medical building offers an attractive combination of immediate income, established tenancy, and long-term investment potential. Property generates string operating Income, representing a 6.5% capitalization rate. Situated on a substantial 1.2-acre parcel comprising approximately 52,786 sq. ft., the property features a 9,547 sq. ft. building divided into four separately leased professional spaces, measuring approximately 3,450 sq. ft., 2,920 sq. ft., and two units of 1,540 sq. ft. each. With 100% occupancy and lease terms ranging from two to five years, this investment provides an established income stream with future leasing opportunities. Strategically positioned along desirable Devonshire Avenue, surrounded by established residential neighbourhoods and conveniently accessible to major transportation routes, the property benefits from excellent visibility and a location well suited to healthcare and professional services. The generous lot size also presents potential opportunities for future expansion or redevelopment, subject to municipal approvals. As Woodstock and Oxford County continue to grow, established medical facilities remain an important part of the community's infrastructure. Whether expanding an existing commercial real estate portfolio or seeking a substantial income-producing asset, this property offers an opportunity to invest in Woodstock's future while benefiting from an established, fully tenanted investment today.
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Listing Details
- Taxes (2026)
- $40,871
- Listed
- October 20, 2026
Price History
Property
- Lot Size
- 246.48 x 198.78 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Devonshire & Huron
- Zoning
- NI-3
- Parcel Number
- 001320213
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Health & Beauty Related
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
- 700
- Median days on market
- 26
- Sale-to-list price
- 97.7%
Based on 700 recorded sales of commercial properties in Woodstock over the last 12 months.
Listed by
Century 21 Heritage House Ltd Brokerage
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 52,781 sq ft
- Price per sq ft
- $79.57
- Annual property tax
- $40,871
- Tax per sq ft
- $0.77
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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