42 Somerville Street
Whitchurch-Stouffville, L4A 1G6
FOR SALE
$3,828,000

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Investment
CATEGORY3,000 Sq Ft
OFFICE/APT AREAN12946174
MLSIDContact Us
Property Description
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!
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Property Details
Address
42 Somerville Street
Community
Postal Code
L4A 1G6
Property Type
Investment, Investment
Use
Apartment
Zoning
R2F
Lot Size
50' x 150'
Office Area
3,000 Sq Ft
Retail Area
3,000 Sq Ft
Acreage
7,500.0 Feet
Taxes
$9,963 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
10
Garage Type
Outside/Surface
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Listing contracted with Remax Your Community Realty
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