
42 Somerville Street
Whitchurch-Stouffville, ON L4A 1G6
About This Property
Multi-unit building in Downtown Stouffville. Unique property. 10 year new totally re-built with highest quality French Chateau Style Luxury Building with 5 self-contained suites 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 luxury above grade 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, heated floors, hardwood floors, granite counter tops, pot lights, natural limestone, Belden brick & stucco exterior, fully fire rated and extreme sound proofing. Unique multi-family design with ground floor non-conforming Commercial use option. Possible office space, studio, great live/work combination under one roof with built-in bonus to collect rental income from the other suites ~ potential to generate approx. $160,000 net income!
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N12946222
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.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$18,693
/month · $3,062,400 mortgage
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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REMAX YOUR COMMUNITY REALTY