226 Clarke Street, Woodstock, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Woodstock - North. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,200,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 0 Bathrooms
- Premium 84 x 215 ft lot size
- equipped with partial central cooling and highly efficient gas hot water heating via gas
Description
Opportunity Awaits at 226 Clarke Street, Woodstock. Expand your portfolio with this turn key, 12-unit residential building located in the heart of one of Ontario's fastest-growing rental markets. Priced at a 5.25% CAP and featuring a 6 unit apartment building in the front, completely renovated to condo standards with low maintenance ownership in mind. Behind the apartment building sits 6 luxury executive townhomes, completely renovated in 2021 - these units are unique in the market and are highly sought after by professionals. Prime location, close to Toyota Manufacturing Plant and HWY 401. Positioned in a high-demand area with historically low vacancy rates. This is a rare chance to acquire a clean, low maintenance, turnkey asset in a "Primary Growth Centre." Whether you are looking for stable cash flow or long-term appreciation, 226 Clarke delivers.
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Pricing & Value Insights
Data-driven valuation for 226 Clarke Street N, Woodstock, ON N4S 7M7
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About Purchasing a Home in Woodstock, ON
For a property listed at $3,200,000 in Woodstock, the legal minimum down payment is $640,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $66,475 for this transaction. As this listing is in Woodstock (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $66,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.