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6153 Main Street Whitchurch-Stouffville, Ontario L4A 3R6

3 Bedroom 3 Bathroom 1500 - 2000 sqft
None Forced Air Landscaped

$973,000

5% Cap rate makes for a very attractive real estate investment located on Main St in central Stouffville. GO train is a 5 minute walk. This well maintained established legal triplex (R3) with three individual units; 1 x bachelor + 1 x 1-bedroom + 1 x 2-bedroom. Each of long term tenants (2017, 2019, 2022) wish to remain. This triplex has been well maintained with many updates including a complete make over of apartment #2, plus a updated bathroom and kitchenette in the bachelor unit. Roof 2019. Paved driveway 2021. The large front covered porch defines welcoming curb appeal into the secure front door to each apartment. The decking was new 2021. The paved driveway provides 2 parking spots for each tenant = 6 total parking spots. The driveway is off Albert Street. The side porch doubles as a gathering space and the common laundry room with commercial grade coin washer and dryer - approx $2k/yr. The side and back yards are a grass canvas enjoyed by the residents. The Upper unit includes a private balcony facing east to delight in each morning sunrise, plus a sunroom facing north. The basement with a separate entrance is ideal for storage, includes the gas furnace and the three owned hot water tanks. Optimal for investors looking for positive cash flow; Cap rate 5%. NOI 3.4%. Stouffville is growing, and offers a choice of schools, worship, shopping, sports fields, restaurants, banking and close to the Markham Stouffville hospital. #404 access from Stouffville Rd. Straight drive on 9th Line to #407. Floor plan attached. Financials attached. (id:61852)

Property Details

MLS® Number N13154386
Property Type Multi-family
Community Name Stouffville
AmenitiesNearBy Hospital, Place Of Worship, Public Transit, Schools
CommunityFeatures Community Centre
Features Carpet Free
ParkingSpaceTotal 6
Structure Porch

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsTotal 3
Age 100+ Years
Appliances Water Heater
BasementDevelopment Unfinished
BasementType Full (unfinished)
CoolingType None
ExteriorFinish Vinyl Siding
FireProtection Controlled Entry
FlooringType Vinyl, Carpeted, Tile
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type Triplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Hospital, Place Of Worship, Public Transit, Schools
LandscapeFeatures Landscaped
Sewer Sanitary Sewer
SizeDepth 79 Ft ,7 In
SizeFrontage 65 Ft
SizeIrregular 65 X 79.6 Ft
SizeTotalText 65 X 79.6 Ft
ZoningDescription R3

Rooms

Level Type Dimensions
Main Level Kitchen 4.7 m x 3 m
Main Level Primary Bedroom 3.8 m x 3.5 m
Main Level Laundry Room 3.12 m x 4.2 m
Main Level Kitchen 4.34 m x 3.15 m
Main Level Kitchen 4.1 m x 1.92 m
Main Level Great Room 5.8 m x 3.1 m
Upper Level Kitchen 6.1 m x 2.8 m
Upper Level Bedroom 2 2.79 m x 3.38 m
Upper Level Sunroom 2.7 m x 2.4 m
Upper Level Living Room 3.6 m x 3.5 m
Upper Level Primary Bedroom 3.09 m x 3.38 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29782731/6153-main-street-whitchurch-stouffville-stouffville-stouffville

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Leslie-Jane E. Patterson
Broker


RE/MAX Your Community Realty
187 King Street East
Toronto, Ontario M5A 1J5

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