751 Nelson St
Woodstock, N4S 4J2
FOR SALE
$495,000
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS8
ROOMSX9410075
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Property Description
Calling all investors! This renovated, tenant occupied duplex is centrally located in Woodstock with two reliable tenants. This duplex has lots of new windows offering natural sunlight through out the day, and comes with 2 stoves, 2 refrigerators, and 2 sets of washers/dryers. The main floor is 2 bedrooms, 1 bathroom, and the second floor is 3 bedrooms, 1 bathroom, uniquely designed with lots of storage space and cathedral ceilings. Both floors offer a lot of recent upgrades. This duplex is located in central Woodstock, in a quiet neighbourhood on a large lot. Brand new roof installed in January 2024. New front deck built 2024. New plumbing and electrical installed in 2024, including 3 new breaker panels. A new furnace recently installed, as well as 2 brand new water heaters. Basement recently spray foam insulated.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-08 | 2024-09-19 | 42 | $545,995 | - | Terminated |
Property Features
Library, Park, Public Transit, School
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Property Details
Street
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
51' x 171'
Acreage
< .50
Fronting
North
Taxes
$2,546 (2024)
Basement
Full, Part Fin
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Woodstock Market Statistics
Woodstock Price Trend
751 Nelson St is a 3-bedroom 2-bathroom home listed for sale at $495,000, which is $74,375 (13.1%) lower than the average sold price of $569,375 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 3 bedroom home in Woodstock declined by $21,812 (3.7%) compared to the previous 30 day period (September 27 - October 26) and down $140,625 (19.8%) from the same time one year ago.Inventory Change
There were 21 3-bedroom homes listed in Woodstock over the last 30 days (October 27 - November 25), which is up 23.5% compared with the previous 30 day period (September 27 - October 26) and up 61.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Woodstock typically sold ($15,275) (2.7%) below asking price over the last 30 days (October 27 - November 25), which represents a $1,862 increase compared to the previous 30 day period (September 27 - October 26) and ($21,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Woodstock over the last 30 days (October 27 - November 25) stood at 76.2%, down from 94.1% over the previous 30 days (September 27 - October 26) and up from 38.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Woodstock stood at 19 days when successfully sold over the last 30 days (October 27 - November 25), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Gale Group Realty Brokerage Ltd.
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