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Executive Summary

Positioned in North Woodstock, 401 Lakeview Drive represents a rare opportunity to acquire a large-scale, mixed-density residential development site in a well-established and growing community. Encompassing approximately 9.67 acres, the property is ideally situated among existing residential neighbourhoods, commercial amenities, and an abundance of parks and green space, offering an attractive setting for future residents. The site is planned for a thoughtfully designed residential community featuring a total of 246 units across a diverse mix of housing types. The proposed development includes semi-detached homes, stacked townhomes, and two mid-rise apartment buildings, allowing for broad market appeal and flexibility in execution. Municipal services are available, and zoning is already in place to support a range of residential densities, positioning the site for efficient advancement. Adding to its appeal, the property benefits from strong regional connectivity, located just a short drive from major transportation corridors and approximately 35 minutes from the new Volkswagen battery plant currently under construction in St. Thomas. This proximity to a significant employment hub further enhances the long-term growth potential and demand fundamentals for the site. 401 Lakeview Drive offers developers a compelling opportunity to deliver a well-rounded residential project in a supply-constrained market, backed by established surrounding uses and strong economic drivers.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
22,798 SF
Building Class
C
Year Built
1970
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
22,798 SF
Building FAR
0.05
Lot Size
9.63 AC
Zoning
CF
Parking
41 Spaces (1.79 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
50/100
  • Listing ID: 41041396

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 401 Lakeview Dr, Woodstock, ON N4T 1W2

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