6388 Main St, Whitchurch-Stouffville, Ontario L4A 1G3

Listed for:
$4,500,000
0 beds
12 baths
Listed 199 days ago
6388 Main St, Whitchurch-Stouffville, Ontario L4A 1G3

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Learn more about this property
Listing provided by:
RIGHT AT HOME REALTY
MLS® number:
N7208588
Agent:
Saman Habibi
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About

Attention Investors! 3 Commercial Retail Units + 6 Residential Units. Zoning allows for many uses, buildings, and structures. Apartment building development is accepted for the zoning. This well-maintained commercial property is located in the heart of Stouffville. The York Region and Stouffville is rapidly growing making this property an excellent investment at an excellent location. Situated in downtown Stouffville with easy access to Transit, Go Bus/Train, Hwy48/404/407. The residential unit breakdown is 3 x 1 bedroom units, 2 x 2 bedroom units and 1 x loft. Approximately 20+ Rear Private parking spaces. **** EXTRAS **** All commercial and residential tenants have separate Hydro meters. New boiler furnace was installed in 2023 for the building. The landlord owns all of the hot water tanks. (id:27476)

Property Highlights

Type
Cooling type
Partially air conditioned
Heating fuel
Fireplace
No
Construction material
Parking space
20
Ownership Type
Amenities nearby
Highway, Public Transit

Location

Summary

This commercial property is an ideal investment opportunity, featuring 3 retail units and 6 residential units. The zoning permits a variety of uses, including the development of apartment buildings, making it a versatile and lucrative option for investors. Situated in the rapidly growing area of Stouffville, this well-maintained property offers easy access to public transit, highways, and other amenities, making it an attractive location for both commercial and residential tenants.

The residential units consist of 3 one-bedroom units, 2 two-bedroom units, and 1 loft, with ample private parking space for approximately 20 vehicles. Additionally, all tenants have separate hydro meters, and the building is equipped with a new boiler furnace installed in 2023. The landlord also owns all of the hot water tanks, ensuring efficient management of the property.

With a land size of 87.18 x 267.67 FT and irregularities & easements, this property offers a unique opportunity for development or expansion. Its prime location on 6388 MAIN ST in the city of Whitchurch-Stouffville, Ontario, with a postal code of L4A1G3, makes it a highly desirable investment in the thriving community of Stouffville.

Featuring a total of 12 bathrooms and partially air conditioned cooling, this property presents a rare chance for investors to capitalize on the growing demand for commercial and residential space in the area.

Street Spotlight - For sale