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$ 925,000
Est. payment /mo
New
6745 Main ST Whitchurch-stouffville, ON L4A 6B5
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Stouffville
MLS Listing ID N13734558
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,226
Tax Year 2025
Property Sub-Type Triplex
Property Description
Attention Investors & Builders - Rare Value-Add Opportunity! Priced to sell! Own a cash-flowing three-unit investment property with solid tenants in place and approved potential to expand into a six-unit residential property. Positive cash flow from day one, while offering substantial long-term upside through approved future development - now at an exceptional price. Brand-new roof installed in July 2026. Located on a newly rezoned RN5 lot (multi-family housing, apartment building), the property includes Town-approved site plans and architectural drawings prepared through the rezoning process for the approved six-unit concept. Years of planning, rezoning and approvals have already been completed, allowing the next owner to move toward the building permit stage while retaining flexibility to refine the design if desired. Multiple investment strategies are available: complete the approved three-unit addition and create a six-unit investment property; take a more gradual approach by phasing the development over time while continuing to generate rental income from the existing triplex; or modernize the existing units over time to further increase rental revenue and overall property value. Additional opportunity: the adjacent property may also become available for purchase, creating the potential to assemble nearly 0.5 acre in the heart of Stouffville - a rare opportunity for larger future development. Ideal for investors seeking immediate positive cash flow and long-term upside. Guidance with construction financing and mortgage options may be available to qualified buyers. Strong rental demand, approved development potential, positive cash flow from day one, and significant long-term value - all in one property.
Location
Province ON
County York
Area York
Rooms
Family Room No
Basement Crawl Space, Unfinished
Kitchen 3
Interior
Interior Features Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Shingles
Lot Frontage 94.44
Lot Depth 78.62
Total Parking Spaces 3
Building
Foundation Other
Others
ParcelsYN No
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
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