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Royal LePage
Royal LePage
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$995,000

Whitchurch-Stouffville ON, L4A 6B5

MLS® # N12520170

Property Information:

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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Floor Space: 2000 - 2500 sqft
  • Flooring Type: Carpeted, Laminate
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 78.6 Feet
  • Lot Frontage: 94.3 Feet
  • Lot Size: 94.4 x 78.6 FT
  • Zoning: RN5
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • Kitchen 2nd Level 4.79 m x 3.10 m
  • 5th Bedroom 2nd Level 3.87 m x 2.30 m
  • Living 2nd Level 5.46 m x 3.78 m
  • Kitchen 2nd Level 5.46 m x 3.26 m
  • 4th Bedroom 2nd Level 3.19 m x 2.39 m
  • Living 2nd Level 4.71 m x 3.78 m
  • Living Main Level 4.70 m x 5.12 m
  • Kitchen Main Level 4.70 m x 3.43 m
  • Bedroom Main Level 3.26 m x 4.18 m
  • 2nd Bedroom Main Level 4.39 m x 2.50 m
  • 3rd Bedroom Main Level 3.07 m x 3.64 m
  • Laundry Main Level 1.40 m x 1.80 m

Convert Measurement to:


Courtesy of: RIGHT AT HOME REALTY INVESTMENTS GROUP

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 6745 MAIN STREET, Whitchurch-Stouffville, Ontario, L4A 6B5

Demographic Information of 6745 MAIN STREET, Whitchurch-Stouffville, Ontario, L4A 6B5

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$124,224.90

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.8 %

High school certificate or equivalent

32.7 %

Apprenticeship trade certificate/diploma

7.01 %

College/non-university certificate

22.0 %

University certificate (below bachelor)

0.89 %

University Degree

25.61 %

Commuter

Travel To Work

By Car

89.99 %

By Public Transit

2.27 %

By Walking

1.75 %

By Bicycle

0.0 %

By Other Methods

5.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.43 %

Houses

98.57 %

Own Vs. Rent

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