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MLS® N14138862
Whitchurch-Stouffville, ON
Attention Investors & Builders - Rare Value-Add Opportunity! Priced to sell! Own a cash-flowing three-unit investment property with solid tenants in place and approved potential to expand into a six-unit residential property. Positive cash flow from day one, while offering substantial long-term upside through approved future development - now at an exceptional price. Brand-new roof installed in July 2026. Located on a newly rezoned RN5 lot (multi-family housing, apartment building), the property includes Town-approved site plans and architectural drawings prepared through the rezoning process for the approved six-unit concept. Years of planning, rezoning and approvals have already been completed, allowing the next owner to move toward the building permit stage while retaining flexibility to refine the design if desired. Multiple investment strategies are available: complete the approved three-unit addition and create a six-unit investment property; take a more gradual approach by phasing the development over time while continuing to generate rental income from the existing triplex; or modernize the existing units over time to further increase rental revenue and overall property value. Additional opportunity: the adjacent property may also become available for purchase, creating the potential to assemble nearly 0.5 acre in the heart of Stouffville - a rare opportunity for larger future development. Ideal for investors seeking immediate positive cash flow and long-term upside. Guidance with construction financing and mortgage options may be available to qualified buyers. Strong rental demand, approved development potential, positive cash flow from day one, and significant long-term value - all in one property.
Broker
SUTTON GROUP-ADMIRAL REALTY INC.
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Triplex
6745 Main Street Whitchurch-Stouffville
Whitchurch-Stouffville
Built
100+
Type
Triplex
Basement
Unfinished
Parking
None (3)
Property Tax
~$5,226/yr
Heating
Forced Air
Buying Essentials
Square Feet
2250 sqft
Facing Direction
North
Parking
None (3)
Finances
List Price
$925,000
Price per SQFT
$411/sqft
Property Tax
~$5,226/yr
Property Specs
Property Type
Triplex
MLS Size
2250 sqft
Age of Building
100+
Basement
Unfinished
Living & Amenities
Heating Type
Forced Air
Features
Separate Heating Controls · Separate Hydro Meter · Water Heater
Policies & Utilities
Neighbourhood
Whitchurch-Stouffville
Listed On
Nov 2, 2026
Days on Market
Current: 5 days
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