42 Somerville Street

Whitchurch-Stouffville, ONMulti-family
$3,828,000
MLS® N12946174
Multi-family7 baths10 total[object Object]
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About This Property

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! (id:63604)

Key Facts

Type
Multi-family
Baths
7
Size
6,000 sqft
Lot
50 x 150 FT
Parking
10 total

Highlights

  • Washer
  • Dishwasher
  • Dryer
  • Microwave
  • Water Heater
Property Details 12 details
Bathrooms
7 bathrooms
Parking
10 parking spaces
Living area
6,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No
Lot dimensions
50 x 150 FT
Frontage
50 feet
Taxes
$9,963.37
Zoning
R2F
Water source
Municipal water

Interior features

WasherDishwasherDryerMicrowaveWater Heater

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Mortgage & Affordability Estimate monthly costs
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Purchase price$3,828,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Stouffville
City
Whitchurch-Stouffville
Postal code
L4A 1G6
Nearby
Cross Streets: Main Street / Market Street. ** Directions: Adjacent to Memorial Park.
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