560 Peel Street

About This Property

Welcome to a truly rare live/work opportunity set on an expansive 50 x 132 ft lot-properties like this seldom become available. The home is approximately 1785 sq ft all on the main level and the separate commercial space is approximately 600 sq ft. This exceptional property blends residential comfort with commercial flexibility, offering endless possibilities for entrepreneurs, investors, or those seeking a unique lifestyle setup. The beautifully renovated home features soaring 11-foot ceilings that create an airy, open feel throughout. Originally a 3-bedroom home, the layout is currently configured as a one-bedroom but can easily be converted to a 2 bedroom at the Sellers' sole cost. Designed with gatherings in mind, the inviting family room and sunroom additions offer a perfect retreat, complete with a cozy fireplace, built-in bar, vaulted ceilings, large windows, and tranquil views! A walkout leads to your private backyard oasis featuring a heated saltwater pool and hot tub, gazebo, and maintenance free deck! Every inch of this home reflects meticulous care and pride of ownership. Completely separate from the residence is a modern approximately 600 square foot commercial building with 2 skylights, equipped with its own central air conditioning, a gas furnace, its own washroom, and a rough-in for a gas fireplace. Currently operating as a thriving barber shop (in business for 70 years), this versatile space benefits from commercial zoning, allowing for a wide range of uses-ideal for professional offices, salons, or even a private studio. The commercial space offers very strong income potential and flexibility for a variety of uses such as a lawyer, doctor, or accountant's office, nail or hair salon, or even a private suite for extended family, a nanny, or teenagers. Conveniently located less than 1.5 hours from Toronto and approximately 30 minutes to both London and Kitchener, this is a rare opportunity to own a versatile property that truly has it all.