42 Somerville Street, Whitchurch-Stouffville, ON L4A 1G6

Whitchurch-Stouffville L4A 1G6 Ontario

MLS: N12946174

$3,828,000

Added 50 minutes ago | For Sale

Listed by: REMAX YOUR COMMUNITY REALTY

About Property

Unique investment opportunity in Downtown Stouffville. 10 year new totally re-built with highest quality and workmanship, 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 constructed 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. Mixed uses. Live/work combo in one building plus collect rental income from the other suites ~Generates approx. $160,000 net income!

Features

  • House Style:Investment
  • Bathrooms:7
  • Land Size: 50 X 150
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Main Street / Market Street
  • Basement: ,
  • Possession Date:30/60/T.B.A
  • Annual Property taxes: $9630.84
  • Bedrooms:
  • Total Parking Spaces:10
  • Parking Places:10
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:N12946174

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