6745 Main Street Whitchurch-Stouffville, Ontario L4A 6B5

$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:55460)

Property Details

MLS® Number	N12824322
Property Type	Single Family
Community Name	Stouffville
Parking Space Total	3

Building

Bathroom Total	3
Bedrooms Above Ground	5
Bedrooms Total	5
Age	100+ Years
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Construction Style Attachment	Detached
Cooling Type	None
Exterior Finish	Brick
Flooring Type	Carpeted, Laminate
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	2,000 - 2,500 Ft2
Type	House
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	78 Ft ,7 In
Size Frontage	94 Ft ,4 In
Size Irregular	94.4 X 78.6 Ft
Size Total Text	94.4 X 78.6 Ft
Zoning Description	Rn5(4)

Rooms

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

Utilities

Electricity

Installed

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