42 SOMERVILLE STREET
Whitchurch-Stouffville (Stouffville), Ontario
MLS® N12946174
$3,828,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- N12946174
- Bedrooms
- —
- Bathrooms
- 7
- Year built
- —
1 / 49Listing description
Unique investment opportunity in Downtown Stouffville. 10 year new totally re-built with highest quality and workmanship, 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 constructed 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. Mixed uses. Live/work combo in one building plus collect rental income from the other suites ~Generates approx.
$160,000 net income!
Property summary
- MLS® number
- N12946174
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 6,000 sq ft
- Land size
- 50 x 150 FT
- Annual property taxes
- $9,963.37
- Parking
- 10 spaces
- Days on market
- 147 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Appliances
- Washer, Dishwasher, Dryer, Microwave, Water Heater
What would this home cost you?
Based on the $3,828,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX YOUR COMMUNITY REALTY, UNIONVILLE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.