For Sale - 42 Somerville Street, Whitchurch-Stouffville, Ontario

Est payment $19,471/mo
Views   1
Time on Jump  131 day
  • Unique investment with 5 self-contained residential suites in downtown Stouffville.
  • Stunning high ceilings and over 6,000 sq ft of rentable space.
  • Each suite has self-controlled heating/cooling and ensuite laundry.
  • 10 outside parking spaces available for residents and guests.
  • Located near parks, community center, shops, and GO Train station.



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!
Listing IDN12436986
Address42 Somerville Street
CityWhitchurch-Stouffville, Ontario
Price$3,928,000
Bath7 Full
StyleInvestment
Land Size7500
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Public Transit, Recreation/Community CentreHeating / Cooling Gas Forced Air Open
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42 Somerville Street
Whitchurch-Stouffville , Ontario
7 $3,928,000
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