Two-story residence featuring light-toned siding and a prominent covered front porch with dark railings Features: lawn, shingle roof, porch, horizontal siding More Photos

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    For Sale - 6153 Main Street, Whitchurch-Stouffville, Ontario

    Est payment $4,672/mo
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    Views   5
    Time on Jump  94 day

    AI Summary *

    • Attractive 5% cap rate for a solid real estate investment opportunity.
    • Well maintained triplex with three individual units and long-term tenants.
    • Convenient location, just a 5-minute walk to the GO train.
    • Recent updates include a new roof and modernized apartments.
    • Ample parking with 6 spots, plus a shared coin laundry room.




    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.
    Listing IDN13154386
    Address6153 Main Street
    CityWhitchurch-Stouffville, Ontario
    Price$973,000
    Bed / Bath3 / 3 Full
    Style2-Storey, Triplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Carpet Free, Storage Area Lockers, Water Heater OwnedOutdoor Features Controlled Entry, Landscaped, PorchAmenities Hospital, Library, Place Of Worship, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement Full, UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  REMAX YOUR COMMUNITY REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
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    Place of Worship
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    6153 Main Street
    Whitchurch-Stouffville , Ontario
    3 3 $973,000
    Get more info