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

Est payment $4,778/mo
Views   1
Time on Jump  7 day
  • Fully legal triplex with stable tenants generating immediate rental income.
  • Approved plans for expansion into a six-plex, enhancing income potential.
  • Located on a newly rezoned lot, promoting future development opportunities.
  • Options to modernize existing units to boost rental revenue.
  • Adjacent property may be available, ideal for larger development projects.



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 IDN12983930
Address6745 Main Street
CityWhitchurch-Stouffville, Ontario
Price$995,000
Bed / Bath5 / 3 Full
Style2-Storey, Multiplex
ConstructionBrick
Land Size7362.51
TypeMulti-Family
StatusFor Sale
Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement UnfinishedFoundation OtherHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 3.00
ASAP

Sat

18

Apr

Sun

19

Apr

Mon

20

Apr

Tue

21

Apr

Wed

22

Apr

Thu

23

Apr

Fri

24

Apr

Sat

25

Apr

Sun

26

Apr

Mon

27

Apr

Tue

28

Apr

Wed

29

Apr

Thu

30

Apr

Fri

1

May

Sat

2

May

Sun

3

May

Mon

4

May

Tue

5

May

Wed

6

May

Thu

7

May

Fri

8

May

Sat

9

May

Sun

10

May

Mon

11

May

Tue

12

May

Wed

13

May

Thu

14

May

Fri

15

May

Sat

16

May

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

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.

Hospital
Parks
Schools
Place of Worship
Please select an amenity above to view a list.

Recommended Properties

Loading...
6745 Main Street
Whitchurch-Stouffville , Ontario
5 3 $995,000
Get more info