42 Somerville St

For Sale New 13 hours
$3,928,000
beds
7 baths
6,000 Sqft

42 Somerville St

For Sale New 13 hours
$3,928,000
beds
7 baths
6,000 Sqft

Highlights

Key insights

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! (id:63267)

RITA CHEMILIAN of ROYAL LEPAGE YOUR COMMUNITY REALTY,
#N12436986
updated 14 hours ago.
Houseful checked MLS® for data 14 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Fully air conditioned
  • Heat source
    Natural gas
  • Heat type
    Other
Exterior
  • # parking spaces
    10
Interior
  • # full baths
    7
  • # total bathrooms
    7.0
Location
  • Subdivision
    Stouffville
Overview
  • Lot size (acres)
    0.0
  • Building size
    6000
  • Listing #
    N12436986
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28934546/42-somerville-street-whitchurch-stouffville-stouffville-stouffville
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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25 Years fixed, 20% down payment, % interest
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