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    For Sale - 6745 Main Street, Whitchurch-Stouffville, Ontario

    Est payment $4,932/mo
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    Views   1
    Time on Jump  29 day

    AI Summary *

    • Historical Georgian-style triplex with immediate rental income from stable tenants.
    • Approved plans for building an additional triplex for more rental opportunities.
    • Strong existing structure suitable for modern renovations or expansion.
    • Flexible development options allow for phased construction while maintaining cash flow.
    • Located in a prime area with high rental demand and growth potential.




    Reduced price! Attention investors & builders a rare & lucrative opportunity! Step into history while securing your financial future with this one-of-a-kind investment gem! This stunning georgian-style legal triplex is home to aaa tenants, ensuring immediate rental income. Originally a 19th-century hotel, this historical treasure sits on a newly rezoned rn5 lot with approved site plans & architectural drawings to build an additional triplex totaling six income-generating apartments! Multiple investment strategies for maximum returns: 1. Expand with ease - with site-specific provisions in place, all that's needed is the building permit to break ground on the new triplex. 2. Renovate & reimagine - the existing structure is incredibly strong, offering the opportunity to modernize or even add a fourth unit. 3. Phased development option - maintain cash flow with current tenants while constructing the new addition, then renovate the existing building for even greater rental potential! Prime location. High rental demand. Endless potential. Seize this rare chance to own a piece of history while maximizing your investment potential. Properties like this don't hit the market often. Act now!
    Listing IDN12520170
    Address6745 Main Street
    CityWhitchurch-Stouffville, Ontario
    Price$995,000
    Bed / Bath5 / 3 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    Land Size7542
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  RIGHT AT HOME REALTY INVESTMENTS GROUP
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    6745 Main Street
    Whitchurch-Stouffville , Ontario
    5 3 $995,000
    Get more info