Property Description

Permit-ready development opportunity, subject to completion of the Record of Site Condition, at 515 Main Street in Woodstock. Situated on approximately 0.71 acres and zoned R4-sp, the approved plans provide for 50 residential units, nearly 50,000 sq. ft. of total gross floor area, surface parking and an additional 4,123 sq. ft. of balcony space across all floors. Located near Downtown Woodstock, the property is within walking distance of the VIA Rail station, public transit, restaurants, cafés, banks, pharmacies, Woodstock City Hall, the public library and Southside Park. Woodstock recorded a 2.8% purpose-built rental vacancy rate in 2025, according to CMHC, supporting the need for additional well-positioned rental housing. Strategically located near Highways 401 and 403 within an established agricultural, manufacturing and logistics hub, the site provides access to nearly two million people within approximately a one-hour drive. An exceptional opportunity to acquire an approved, well-connected multifamily development site in one of Southwestern Ontario's growing communities. (id:7434)