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8-10 Bay Street
Woodstock - South Woodstock N4S 3K5

$1,635,000 /For Sale
Commercial

Main Photo: 8-10 Bay Street in Woodstock: Woodstock - South Commercial for sale : MLS®# X14080632
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
X14080632
Bus Major:
Apts - 6 To 12 Units
Attention Investors & Portfolio Builders! This exceptional 6-unit multi-residential property has been fully stripped down and masterfully refurbished by a local professional builder and tradespeople, offering the ultimate peace of mind and true pride of ownership. Operating at an almost-new construction standard, this turnkey powerhouse is fully occupied and structured for maximum profitability. Unbeatable mechanicals and efficiency. Each of the 6 self-contained, 1 bedroom apartments features its own independent, high-efficiency heat pump system; tenants pay for their own heating, cooling and electricity, leaving only water for the landlord. A full structural overhaul included professional updates to all major systems, including plumbing, heating and electrical systems. Worry-free exterior: this property has been outfitted with new windows and a new roof in 2022/2023, minimizing capital expenditure for years to come. Premium suite finishes: every apartment boasts a bright, modern layout outfitted with all-new (in 2023) premium stainless steel kitchen appliances; each suite has washer/dryer (purchased from a local appliance company and fully owned by the seller) and new doors installed this year as well. There is a location advantage, perfectly situated in the core of Woodstock with a great walk score and immediate pedestrian-friendly access to local shopping, transit routes, schools, churches, restaurants, and essential amenities ensuring low vacancy rates. Also located in an optimization zone yielding incredibly low property taxes, aggressively boosting your net operating income (NOI). Expenses for the last 12 month period and Rental Income included in attachments. Additional parking one block away. A rare chance to own a multi-residential unit of quality.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4709 sq. ft. Square Feet
Total Area:
4,709 sq. ft.
Lot Depth:
74'7"
Lot Frontage:
51'1¼"
Lot Shape:
Rectangular
Bathrooms:
6.0
Water supply:
Municipal
Zoning:
C5
Heating type:
Other
Garage:
Outside/Surface
Possession Details:
owner is flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$2,387.02 / 2026
Assessment:
$- / -
Oxford
Woodstock
Woodstock - South
Public Transit
s/s 6 stoves, 6 fridges, 6 OTR's, 4 dishwashers; 6 stacking washer/dryer (white); hot water heater;
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Oct 15, 2026
Original Price:
Previous Price:
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Listed by Century 21 Heritage House Ltd Brokerage
Data was last updated October 16, 2026 at 02:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.