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:
TREB - DLA - RE/MAX WEST REALTY INC., BROKERAGE
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
Water Municipal
Zoning T - Residence with a commercial unit.
Security Features No
Exclusions Curtains in Bedroom. Electric Fireplace in Living Room.
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
HOA No
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 No
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 3
Elevator? No
Total Baths 1
Bedrooms 3

Exterior Features

Inclusions All Barber Shop equipment can be included with the sale if the buyer chooses! All stainless-steel kitchen appliances: Fridge,Stove,Dishwasher,Hood Fan. Bar Fridge. Front Load Washer and Dryer. All El
Garage Type None
Rail No
Spa No
Building Area Total 2350.0
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • 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
1
Data Provided by Inside Real Estate®