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Royal LePage
Royal LePage
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$3,928,000

Whitchurch-Stouffville ON, L4A 1G6

MLS® # N12436986

Property Information:

Unique Investment Opportunity in Downtown Stouffville. 10 Year New totally re-built 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 Built 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. Live/Work in one and collect rental income from the other suites ~Generates approx. $160,000 Net Income! (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 6000 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Dishwasher, Dryer, Microwave, Washer

Property Features:

  • Property Type: Multi-family
  • Bathrooms: 7
  • Amenities Nearby: Public Transit, Recreation
  • Floor Space (approx): 6000 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 150 FT
  • Zoning: R2F
  • No. of Parking Spaces: 10

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 42 SOMERVILLE STREET, Whitchurch-Stouffville, Ontario, L4A 1G6

Demographic Information of 42 SOMERVILLE STREET, Whitchurch-Stouffville, Ontario, L4A 1G6

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$186,156.44

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.7 %

High school certificate or equivalent

28.83 %

Apprenticeship trade certificate/diploma

3.36 %

College/non-university certificate

20.74 %

University certificate (below bachelor)

3.09 %

University Degree

31.28 %

Commuter

Travel To Work

By Car

85.81 %

By Public Transit

1.19 %

By Walking

3.98 %

By Bicycle

0.0 %

By Other Methods

9.02 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.14 %

Houses

63.86 %

Own Vs. Rent

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