For saleMLS® X14099494

729 Devonshire Avenue, Woodstock, ON N4S 5R3

Woodstock - North, Woodstock · Near Devonshire & Huron · View map

$4,200,000
52781Sq ft
Commercial retailType
61 totalParking
$40,871/yrTaxes
$4,200,000
FreeholdNo monthly condo fee
Parking for 61Comes with the home
Lot 246.5 x 198.8 ftThe land comes with the home

About this home

Exceptional investment opportunity to own one of Woodstock's established medical plazas! Located at 729 Devonshire Avenue, this fully leased, standalone professional medical building offers an attractive combination of immediate income, established tenancy, and long-term investment potential. Property generates string operating Income, representing a 6.5% capitalization rate. Situated on a substantial 1.2-acre parcel comprising approximately 52,786 sq. ft., the property features a 9,547 sq. ft. building divided into four separately leased professional spaces, measuring approximately 3,450 sq. ft., 2,920 sq. ft., and two units of 1,540 sq. ft. each. With 100% occupancy and lease terms ranging from two to five years, this investment provides an established income stream with future leasing opportunities. Strategically positioned along desirable Devonshire Avenue, surrounded by established residential neighbourhoods and conveniently accessible to major transportation routes, the property benefits from excellent visibility and a location well suited to healthcare and professional services. The generous lot size also presents potential opportunities for future expansion or redevelopment, subject to municipal approvals. As Woodstock and Oxford County continue to grow, established medical facilities remain an important part of the community's infrastructure. Whether expanding an existing commercial real estate portfolio or seeking a substantial income-producing asset, this property offers an opportunity to invest in Woodstock's future while benefiting from an established, fully tenanted investment today.

The home

Type
Commercial retail
Square footage
52781 sq ft
Lot size
246.5 x 198.8 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Driveway spaces
61
Total parking
61

Taxes & other

Property taxes
$40,871/yr
Tax year
2026
Occupancy
Owner
Possession
Flexible
Cross street
Devonshire & Huron
Neighbourhood
Woodstock - North

More

MLS® number
X14099494

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Want to know something that isn’t listed?
Estimated monthly cost$20,348per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    729 Devonshire Avenue, Woodstock, ON N4S 5R3

    Woodstock - North, Woodstock · Near Devonshire & Huron

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    Sold history

    Listing history for 729 Devonshire Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 729 Devonshire Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 729 Devonshire Avenue listed for, and what would it cost each month?

    729 Devonshire Avenue is listed for $4,200,000. With 20% down ($840,000), the mortgage payment would be roughly $16,942 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $20,348 a month, all in. That figure is an illustration, not a quote.

    Is 729 Devonshire Avenue freehold or a condo, and is there a monthly fee?

    729 Devonshire Avenue is a commercial retail in Woodstock - North, Woodstock. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 729 Devonshire Avenue have a garage and parking?

    The listing does not show a garage. The driveway adds 61 spaces. In total the listing counts 61 parking spaces.

    What style of home is 729 Devonshire Avenue?

    729 Devonshire Avenue is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 729 Devonshire Avenue, and what is the lot size?

    The lot is listed as 246.5 x 198.8 ft.

    How is 729 Devonshire Avenue heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    What are the property taxes for 729 Devonshire Avenue?

    Property taxes are $40,871 a year (2026), or about $3,406 a month.

    Where is 729 Devonshire Avenue?

    729 Devonshire Avenue is in the Woodstock - North community of Woodstock. The nearest main intersection is Devonshire & Huron. The postal code is N4S 5R3.

    Is 729 Devonshire Avenue still for sale?

    Yes. It is an active listing (MLS® X14099494). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 729 Devonshire Avenue asking?

    Similar properties for sale nearby right now include 226 Clarke Street N at $3,200,000 (2 bed), 15-16 - 200 montclair Drive at $3,250,000 and 1055 Parkinson Road at $2,999,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 729 Devonshire Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 729 Devonshire Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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