For Sale · MLS# N12946222
Active
$3,828,000
42 SOMERVILLE STREET
9Bedrooms 7Bathrooms 5,000Sq Ft

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About this home
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! (id:66036)
Property facts
- Property type
- House
- Building type
- House
- Living area
- 5,000 sqft
- Lot size
- 50 x 150 FT
- Lot frontage
- 50 ft
- Lot depth
- 150 ft
- Basement
- None
- Heating
- Natural gas Forced air
- Cooling
- Central air conditioning
Listing courtesy of
REMAX YOUR COMMUNITY REALTY
Listed by: RITA CHEMILIAN
Phone: (905) 940-4180
The trademarks REALTOR®, REALTORS® and MLS® are controlled by The Canadian Real Estate Association (CREA). Listing data via CREA DDF®.