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Investment signal

$699,900

77 LIGHT STREET

Save this home

Beds

3

Baths

3

Sqft

2,505

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Woodstock (Woodstock - North). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

A rare investment opportunity in the heart of Woodstock. This beautiful historic building blends timeless character with versatile income potential, featuring two main-floor commercial space ideal for retail, office, or professional use, plus a residential apartment on the upper level. Updates include waterproofing + new sump + new lower level bathroom install in 2018. New boiler system installed in January 2026. The upper residential unit pays $1800 per month + $200 towards utilities. Commercial space #1 pays $1500+HST per month + $200 towards utilities. Commercial space #2 pays $1000 per month + HST+ $200 towards utilities. In total $4900 towards monthly costs. With excellent street presence and ample rear parking at the back of the property, this mixed-use asset offers convenience for both tenants and customers. Perfect for investors, owner-operators, or those looking to add a unique, income-generating property to their portfolio. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
Woodstock - North
Living area
2,505 square feet
Lot dimensions
Bldg=56 x 199 FT
Parking
10 total
On market
Apr 22, 2026
Status changed
Apr 26, 2026
Annual tax
$5,150
Zoning
Heritage
Photos
42
MLS#
X13031490
Area
WOODSTOCK_(WOODSTOCK_-_NORTH)

Features and systems

Parking

Other

Appliances

WasherDryerMicrowave

Heating

Radiant heat

Cooling

None
Negative cash flow ~$788/mo at these assumptions

Cash on cash

-6.75%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,329

Financing

Down payment$139,980
Loan amount$559,920
Mortgage$2,837/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$321
Insurance$80
Maintenance$583
CapEx reserve$292
Vacancy loss$175

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,837/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.

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