42 Somerville ST Active Save Request In-Person Tour Request Virtual Tour
York,ON L4A 1G6
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $654
Subdivision Stouffville
MLS Listing ID N12436986
Annual Tax Amount $9,630
Tax Year 2024
Property Sub-Type Investment
Property Description
Unique Investment Opportunity in Downtown Stouffville. 10 Year New totally re-built French Chateau Style Luxury Building with 5 Self-Contained Residential Suites and Non-Conforming Commercial Units on the ground Level 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 rentable space. Located Next to Memorial Park, Backing onto Ravine and Steps to Community Centre, Library, Shops, Restaurants and the GO Train Station. Building is Built with Quality Upgrades with Picturesque Windows, Hardwood Floors, Granite Counter Tops, Pot Lights, Natural Limestone, Belden Brick and Stucco Exterior, Fully Fire Rated and Extreme Sound Proofing. Live/Work in one and collect rental income from the other suites ~Generates approx. $160,000 Net Income!
Location
Province ON
County York
Community Stouffville
Area York
Interior
Cooling Yes
Exterior
Community Features Public Transit,Recreation/Community Centre
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 150.0
Building
Building Age 6-15
Others
ParcelsYN No
Virtual Tour https://www.winsold.com/tour/410768