42 SOMERVILLE STREET, Whitchurch-Stouffville (Stouffville), Ontario, L4A1G6

Property Description

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:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: None
• Bathrooms: None
• Living Area: 6,000 sq ft (557.4 m²)
• Frontage: 50 ft (15.2 m)

Costs

• Annual Taxes: $9,630.84

Listing Provided by: REMAX YOUR COMMUNITY REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.