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6745 Main Street Whitchurch-Stouffville (Stouffville), Ontario L4A 6B5

5 Bedroom 3 Bathroom 2000 - 2500 sqft
None Forced Air

$1,095,000

FULLY LEGAL TRIPLEX (POTENTIAL SIX-PLEX). Attention Investors & Builders - Rare Value-Add Opportunity! Own a fully legal triplex with immediate rental income and approved plans to expand to a six-plex - all at an attractive entry price. This property features three existing legal units with solid tenants in place, providing stable cash flow from day one.Located on a newly rezoned RN5 lot, the property comes with approved site plans and architectural drawings to construct an additional triplex, bringing the total to six income-generating apartments. Key planning work is already completed, allowing the next owner to move forward with building permits and unlock the site's full income potential.Multiple strategies available: build the approved addition and create a high-performing six-plex, maintain existing tenants while developing for phased growth, or modernize the current units to further increase rental revenue and overall property value. Additional opportunity: the adjacent property may also be available for purchase, creating the potential to assemble nearly 0.5 acre of land in the heart of Stouffville - a rare prospect for larger future development. Ideal for investors seeking scalability - secure today's income while planning tomorrow's expansion. Guidance with project financing and commercial mortgage options may be available to qualified buyers. Strong rental demand, development upside, and long-term growth potential all in one property. A rare opportunity to control both immediate cash flow and future value. (id:49269)

Property Details

MLS® Number N12824322
Property Type Single Family
Community Name Stouffville
ParkingSpaceTotal 3

Building

BathroomTotal 3
BedroomsAboveGround 5
BedroomsTotal 5
Age 100+ Years
BasementDevelopment Unfinished
BasementType N/a (unfinished)
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Brick
FlooringType Carpeted, Laminate
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 78 Ft ,7 In
SizeFrontage 94 Ft ,4 In
SizeIrregular 94.4 X 78.6 Ft
SizeTotalText 94.4 X 78.6 Ft
ZoningDescription Rn5(4)

Rooms

Level Type Dimensions
Second Level Bedroom 5 3.87 m x 2.3 m
Second Level Living Room 5.46 m x 3.78 m
Second Level Kitchen 5.46 m x 3.26 m
Second Level Bedroom 4 3.19 m x 2.39 m
Second Level Living Room 4.71 m x 3.78 m
Second Level Kitchen 4.79 m x 3.1 m
Ground Level Living Room 4.7 m x 5.12 m
Ground Level Kitchen 4.7 m x 3.43 m
Ground Level Bedroom 3.26 m x 4.18 m
Ground Level Bedroom 2 4.29 m x 2.5 m
Ground Level Bedroom 3 3.07 m x 3.64 m

Utilities

Electricity Installed

https://www.realtor.ca/real-estate/29404134/6745-main-street-whitchurch-stouffville-stouffville-stouffville

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