back of property with a storage shed, a chimney, brick siding, a lawn, and a gazebo Features: lawn, outdoor structure More Photos

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

    Est payment $5,258/mo
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    Views   1
    Time on Jump  37 day

    AI Summary *

    • Fully legal triplex with stable tenants providing immediate rental income.
    • Approved plans for expansion to a potential six-plex available.
    • Located on newly rezoned RN5 lot for future development opportunities.
    • Multiple strategies for maximizing rental revenue and property value.
    • Adjacent property may also be available for larger development potential.




    Fully legal triplex (potential six-plex). Attention investors & builders - rare value-add opportunity! Own a fully legal triplex with immediate rental income and approved plans to expand to a six-plex - all at an attractive entry price. This property features three existing legal units with solid tenants in place, providing stable cash flow from day one. Located on a newly rezoned rn5 lot, the property comes with approved site plans and architectural drawings to construct an additional triplex, bringing the total to six income-generating apartments. Key planning work is already completed, allowing the next owner to move forward with building permits and unlock the site's full income potential. Multiple strategies available: build the approved addition and create a high-performing six-plex, maintain existing tenants while developing for phased growth, or modernize the current units to further increase rental revenue and overall property value. Additional opportunity: the adjacent property may also be available for purchase, creating the potential to assemble nearly 0. 5 acre of land in the heart of stouffville - a rare prospect for larger future development. Ideal for investors seeking scalability - secure today's income while planning tomorrow's expansion. Guidance with project financing and commercial mortgage options may be available to qualified buyers. Strong rental demand, development upside, and long-term growth potential all in one property. A rare opportunity to control both immediate cash flow and future value.
    Listing IDN12824322
    Address6745 Main Street
    CityWhitchurch-Stouffville, Ontario
    Price$1,095,000
    Bed / Bath5 / 3 Full
    Style2-Storey, Detached
    ConstructionBrick
    Land Size7362.51
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneOwnership FreeholdBasement UnfinishedFoundation OtherHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  SUTTON GROUP-ADMIRAL REALTY INC.

    * 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.

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    6745 Main Street
    Whitchurch-Stouffville , Ontario
    5 3 $1,095,000
    Get more info