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$ 1,295,000
Est. payment /mo
New
6745 Main ST Whitchurch-stouffville, ON L4A 6B5
5 Beds
3 Baths
UPDATED:
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
Listed by RIGHT AT HOME REALTY INVESTMENTS GROUP