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MLS® N12436986
Whitchurch-Stouffville, ON
Unique Investment Opportunity in Downtown Stouffville. 10 Year New totally re-built French Chateau Style Luxury Building with 5 Self-Contained Residential Suites and Non-Conforming Commercial Units on the ground Level with Stunning 10 & 12 ft High Ceilings. Suites range in sizes from 800 - 1,650 sq ft- Each Suite is Equipped with Self Control heating /cooling and ensuite laundry (separate bills). 10 Outside Surface Parking spaces. Over 6,000 sq ft of rentable space. Located Next to Memorial Park, Backing onto Ravine and Steps to Community Centre, Library, Shops, Restaurants and the GO Train Station. Building is Built with Quality Upgrades with Picturesque Windows, Hardwood Floors, Granite Counter Tops, Pot Lights, Natural Limestone, Belden Brick and Stucco Exterior, Fully Fire Rated and Extreme Sound Proofing. Live/Work in one and collect rental income from the other suites ~Generates approx. $160,000 Net Income!
Inclusions
5 Fridges, 5 Stoves, 5 Built-In Dishwashers, 5 Washer & Dryers, 4 Built-in Microwaves, 4 Hot Water Tanks, 1 Instant Water Heater, 3 Hot Water Gas Furnace Units, 5 Air conditioner Units, Heated Floors on Ground Floor, 400 Amps,
Exclusions
Deck Patio Furniture, BBQ and any Items belonging to Tenants
Broker
REMAX YOUR COMMUNITY REALTY
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Investment
42 Somerville Street Whitchurch-Stouffville
Whitchurch-Stouffville
Built
6-15
Type
Investment
Parking
Outside/Surface
Property Tax
~$9,631/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
6000 sqft
Parking
Outside/Surface
Finances
List Price
$3,928,000
Price per SQFT
$655/sqft
Property Tax
~$9,631/yr
Property Specs
Property Type
Investment
MLS Size
6000 sqft
Age of Building
6-15
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Whitchurch-Stouffville
Listed On
Oct 1, 2025
Public Transit
Recreation/Community Centre
Days on Market
Current: 402 days
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