Address
560 Peel Street, Woodstock, ON
Price
$ 850,000
Property Attributes
  • MLS#X13158332
  • TypeCommercial
  • Listing Status New
  • CityWoodstock
  • AreaWoodstock - South
  • NeighbourhoodWoodstock - South
  • Postal CodeN4S 1K4
  • StyleService Related
  • Taxes$ 4272
  • Price$ 850,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2350
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Outstanding commercial/live-work opportunity on a high-exposure 50 x 132 ft commercial/residential zoned lot. Rarely offered, this unique property combines a beautifully renovated residence with a fully detached approx. 600 sq. ft. commercial building, creating an ideal acquisition for owner-operators, investors, or entrepreneurs seeking both business and residential functionality in one asset. The commercial space has its own HVAC, gas furnace, private washroom, two skylights, and rough-in for a gas fireplace. Operating continuously as a successful barber shop for more than 70 years, this established location offers exceptional opportunity to continue as a barber shop/hair salon with all equipment included, or reposition the space for a wide range of permitted commercial uses including professional offices, medical or wellness practices, accounting or lawyers' offices, salon or esthetics services plus more. The commercial component offers strong owner-user and income-generating potential, with zoning flexibility that supports a variety of businesses. Ideal for professionals looking to eliminate leased premises and build equity while operating from a proven business location. The renovated residence features approx. 1785 square feet all on one level, soaring 11-foot ceilings, spacious principal rooms, family room and sunroom additions with fireplace and built-in bar, and a flexible floor plan currently configured as one bedroom, with the Seller willing to convert toa two-bedroom layout at the Seller's expense. The private grounds include a heated saltwater pool, hot tub, gazebo, and maintenance-free deck, providing an exceptional live/work lifestyle. Strategically located less than 1.5 hours from Toronto and approximately 30 minutes to both London and Kitchener, this is a rare opportunity to acquire a versatile mixed-use property with established business history, flexible commercial zoning, and significant future upside!

Price History
5/21/2026 Listed $850,000

General Features

Sewer Sanitary Available
Cooling Yes
Utilities Yes
Security Features No
Heater Type Gas Forced Air Closed
Parking Spaces 3
Property Subtype Commercial Retail
Tax Year 2025
Lot Depth 132.0
Business Type Service Related
Community Features Public Transit
County Oxford
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Woodstock
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 4272.0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Legal Description PT LT 1 S/S PEEL ST,2 S/S PEEL ST BLK 6 PL 34 AS IN 467348; WOODSTOCK

Interior Features

Heat Source Gas
Clear Height Feet 6
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 3
Elevator? No
Total Baths 1
Bedrooms 3

Exterior Features

Garage Type None
Rail No
Spa No
Building Area Total 2350.0
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in N4S 1K4

Price
AVG $850K
$850K
Visits
AVG 20
48
Data Provided by Inside Real Estate®