6745 Main ST new

Whitchurch-stouffville,ON L4A 6B5

$ 1295000

5 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Stouffville

MLS Listing ID N12061974

Style 2-Storey

Bedrooms 5

Building Age 100+

Annual Tax Amount $5,052

Tax Year 2024

Property Sub-Type Triplex

Property Description

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: Expand with Ease: With site-specific provisions in place, all that's needed is the building permit to break ground on the new triplex. Renovate & Reimagine: The existing structure is incredibly strong, offering the opportunity to modernize or even add a fourth unit. 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!

Location

Province ON

County York

Community Stouffville

Area York

Rooms

Family Room Yes

Basement Unfinished

Kitchen 3

Interior

Interior Features Separate Heating Controls,Separate Hydro Meter

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Pool None

Roof Type Shingles

Lot Frontage 94.51

Lot Depth 78.62

Total Parking Spaces 3

Building

Foundation Other

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