226 Clarke

Woodstock, ON

226 Clarke

Project Overview

This project was unique in that we took over a project that was started by another investor who had to stop for health reasons.  The property consists of a 6 unit apartment building that had been gutted and rebuilt to condo standards as well as 6 townhomes that had been gutted but not rebuilt when we took over.

Sensing a need in the market, the townhomes were built as luxury one bedroom units, each with finished basements.  The units were renovated to condo standards with modern kitchens, stone countertops, stainless steel appliances, LED lighting, and porcelain tile floor. 

Property was purchased in 2019 for $1,800,000 with capital exited at 100 LTC using CMHC financing in 2020. Property has recently been appraised at $3,500,000.


Property Details

Woodstock is a city located in Southwestern Ontario. It is the largest city in Oxford County and is located about 70 kilometers southwest of Toronto. Woodstock has a population of around 60,000 people and is known for its rich history, charming downtown, and beautiful natural surroundings.

The city was founded in the early 1800s and has a long history as an industrial hub. It is home to several large manufacturing companies, including Toyota Motor Manufacturing Canada, Husky Injection Molding Systems, and Gerdau. Woodstock is also home to a number of healthcare, education, and financial services companies, making it a diverse and economically vibrant community.

Overall, Woodstock is a thriving city with a rich history, a diverse economy, and a high quality of life. It is a popular place to live and work, and is known for its strong sense of community and small-town charm.

David Atwell

Co-Founder & Director of Acquisitions

Mark Gonneau

Co-Founder & Director of Real Estate

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