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:50886)
Business
Business Type | Residential |
Business Sub Type | Apartments |
Property Details
MLS® Number | N12436986 |
Property Type | Multi-family |
Community Name | Stouffville |
Amenities Near By | Public Transit, Recreation |
Parking Space Total | 10 |
Building
Bathroom Total | 7 |
Age | 6 To 15 Years |
Appliances | Dishwasher, Dryer, Water Heater, Microwave, Washer |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Interior | 6,000 Ft2 |
Type | Multi-family |
Utility Water | Municipal Water |
Land
Acreage | No |
Land Amenities | Public Transit, Recreation |
Size Depth | 150 Ft |
Size Frontage | 50 Ft |
Size Irregular | 50 X 150 Ft |
Size Total Text | 50 X 150 Ft |
Zoning Description | R2f |
Contact Us
Contact us for more information
Rita Chemilian
Broker
ritachemilian.com/
www.facebook.com/pg/ritachemilianteam
161 Main Street
Unionville, Ontario L3R 2G8
(905) 940-4180
(905) 940-4199