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42 Somerville Street

Stouffville / Whitchurch-Stouffville, ON L4A 1G6

ActiveFor Sale
0 Beds
7 Baths
6,000 Sq Ft
7,500 Lot Sq Ft
Commercial
Virtual Tour Available

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!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size6,000 sq ft
Lot Size7,500 sq ft
Bedrooms0
Bathrooms7
Postal CodeL4A 1G6
Last UpdatedAug 8, 2026 · 5:39 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N12946174

Listed by REMAX YOUR COMMUNITY REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$3,828,000

asking price

MLS®N12946174
TypeCommercial
CityWhitchurch-Stouffville
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$18,693

/month · $3,062,400 mortgage

Down Payment20% — $765,600
Interest Rate5.5%

Amortization

Total Interest

$2,545,389

Total Cost

$5,607,789

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

REMAX YOUR COMMUNITY REALTY