42 Somerville Street Whitchurch-Stouffville ON L4A 1G6
$ 3,928,000

Listing ID

#N12437375

Property Type

Store W Apt/Office

County

York

Neighborhood

Stouffville

Days on website

83

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!
Location
Financial Information
List Price:  $ 3928000
Taxes:  $ 9631
Property Features
Air Conditioning:  Yes
Approximate Age:  6-15
Area Influences:  Public Transit, Recreation/Community Centre
Heat Type:  Gas Forced Air Open
Utilities:  Yes
Listed By:     ROYAL LEPAGE YOUR COMMUNITY REALTY