515146 11th Line Woodstock, Ontario N4S 7V7

$979,900

Rare Opportunity To Own A Unique 1.58-Acre Commercial/Residential Property Offering The Perfect Blend Of Investment Potential And Country-Style Living. Situated On A Spacious 96-Ft Frontage Lot, This Exceptional Property Is Within The City Of Woodstock Yet Enjoys A Peaceful Rural Atmosphere. The Beautifully Renovated Detached Bungalow Features 4 Spacious Bedrooms And 2.5 Bathrooms, Providing Comfortable Living Space For Growing Families. The Partially Finished Basement Offers Excellent Potential To Create An In-Law Suite Or Additional Rental Unit. Adding To The Value Is A Recently Renovated 2-Bedroom, 1-Bath Backyard Unit Currently Tenanted At $1,500/Month, Providing Immediate Supplemental Income. An Approx. 800 Sq. Ft. Workshop, Presently Rented As A Storage Facility, Offers Additional Income Potential And Can Be Repurposed For Various Uses. Ample Parking Space Accommodates Multiple Vehicles, Equipment, And Recreational Needs, Making This Property Ideal For Families Seeking Space, Hobby Farmers, Investors, Or Entrepreneurs. A Truly Versatile Property With Endless Possibilities. While The Current Use Is Commercial/Residential, Buyers Are Encouraged To Conduct Their Own Due Diligence With The City Regarding Permitted Uses And Future Development Opportunities. A Rare Offering Combining Income Potential, Flexibility, And The Tranquility Of Rural Living Within City Limits. (id:60365)

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https://www.realtor.ca/real-estate/29930369/515146-11th-line-woodstock-woodstock-north-woodstock-north