Overview
- Updated On:
- October 21, 2024
Description
This SPA-approved development site at 515 Main St., Woodstock, Ontario, offers a prime investment
opportunity. Covering approximately 0.80 acres, this property boasts a nearly 50,000 sq. ft. total gross floor area with surface parking, zoned R4-sp.
The approved plan accommodates 50 residential units, enriched by an additional 4,123 sq. ft. of balcony space across all floors, providing an enhanced living experience for future residents.
Ideally situated at the crossroads of Highways 401 and 403, this site is centrally located in a vibrant agricultural and manufacturing hub. The property provides unparalleled access to a population of nearly 2 million within an hour’s drive, making it an ideal choice for businesses looking to capitalize on this dynamic region. The City of Woodstock’s active Economic Development Department further supports growth and investment, positioning this site at the heart of one of North America’s most robust
economies.
- Principal and Interest
- Property Tax
- HOA fee