42 Somerville Street Whitchurch-Stouffville, Ontario L4A 1G6
$3,928,000
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! (id:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | N12436986 |
| Property Type | Multi-family |
| Community Name | Stouffville |
| AmenitiesNearBy | Public Transit, Recreation |
| ParkingSpaceTotal | 10 |
Building
| BathroomTotal | 7 |
| Age | 6 To 15 Years |
| Appliances | Dishwasher, Dryer, Water Heater, Microwave, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 6000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Recreation |
| SizeDepth | 150 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 150 Ft |
| SizeTotalText | 50 X 150 Ft |
| ZoningDescription | R2f |
Interested?
Contact us for more information
Rita Chemilian
Broker
161 Main Street
Unionville, Ontario L3R 2G8
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October 01 2025 04:45:43
Toronto Real Estate Board
Royal LePage Your Community Realty