Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

510 Dundas Street, Woodstock, ON N4S 1C5

Commercial Retail
$595,000

Excellent opportunity in a prime Downtown Woodstock location! Solid approximately 2,600 sq. ft. commercial building on a 25.56' x 98.91' lot with a full basement, presently home to the well-established Dino's Dining Lounge, licensed for 118. Continue the existing restaurant operation, rebrand with your own concept, or explore a variety of other commercial uses including office, retail or your own business venture. The second floor features a spacious 3-bedroom apartment with kitchen, bath and common room, currently rented for $1,600/month with landlord paying utilities, providing additional income. The full basement offers extensive restaurant and storage space. Property may be purchased with or without the Dino's Dining Lounge business. The neighbouring property and business at 506 Dundas Street, under the same ownership, is also available separately, providing an opportunity to acquire one or both locations. Excellent Downtown exposure with commercial, business and residential income potential. Owner is flexible on closing, terms and negotiations.

MLS number
X13736094
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
N4S 1C5
Photos
9
10days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Woodstock Collegiate Institute
Thames Valley DSB
Secondary212 m7.1 / 10
71% met the standard · 2 of 6 measures
Central Public School
Thames Valley DSB
Elementary339 m5.5 / 10
55% met the standard
Woodstock Islamic school of HidayaElementary470 mNot reported
St Don Bosco Catholic Secondary School
Waterloo CDSB
Secondary565 mNot reported
Azad EducationElementary and secondary804 mNot reported
Northdale Public School
Thames Valley DSB
Elementary1.2 km5.8 / 10
58% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 604 people.

$53,600Median household income
18%Own their home
19.7%Detached houses
40.8Median age
5.7%Born outside Canada
13.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35320186 — the few blocks around this address, home to 604 people. It describes the area, not this property.

604Population
41.2Average age
1.8Household size
$63,600Average household income
$53,600Median household income
18%Own their home
82%Rent
3%Condominiums
6%Born outside Canada
14%University degree
$500,000Average home value
22%Low income
43%Not in the labour force
36%Never married
$10,000 to $14,9991%
$15,000 to $19,9998%
$20,000 to $24,9995%
$25,000 to $29,9993%
$30,000 to $34,9995%
$35,000 to $39,9994%
$40,000 to $44,9995%
$45,000 to $49,9997%
$50,000 to $59,99912%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,9997%
$90,000 to $99,9995%
$100,000 and over12%
$100,000 to $124,9994%
$125,000 to $149,9993%
$150,000 to $199,9993%
$200,000 and over3%

Percentages are of the 370 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$119,000 · minimum here is $34,500
$2,634.53per month
Borrowed before insurance$476,000
Total borrowed$476,000
Interest over 25 years at 4.5%$314,359

If you rented it out

-$2,634.53per month out of pocket
Rent$0.00
Everything it costs to hold$2,634.53
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.