42 Somerville Street

42 Somerville Street in Whitchurch-Stouffville - 9 bedroom, 7 bathroom. Listed at $3,828,000.

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

• Property Type: Mortgage
• Style: 2-Storey
• Basement: None
• Heating: Gas
• Cooling: Central Air
• Parking: 10 spaces
• Property Taxes: $9,963.37/yr
• Neighbourhood: Stouffville
• Postal Code: L4A 1G6

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