6745 Main Street, Whitchurch-Stouffville (Stouffville), ON L4A6B5
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Listing Type
Multi Family
Listing Status
active
27
$1,095,000
Home Details for 6745 Main Street
Price
$1,095,000
Type
Residential Income
Bedrooms
5
Bathrooms
3.0
Square feet
NaN
Parking
Days on site
19
Listing #
N12379436
Property Description
Attention Investors & Builders A Rare & Lucrative Opportunity! Step into history while securing your financial future with this one-of-a-kind investment gem! This stunning Georgian-style legal triplex is home to AAA tenants, ensuring immediate rental income. Originally a 19th-century hotel, this historical treasure sits on a newly rezoned RN5 lot with approved site plans & architectural drawings to build an additional triplex totaling six income-generating apartments! Multiple Investment Strategies for Maximum Returns: 1.Expand with Ease - With site-specific provisions in place, all that's needed is the building permit to break ground on the new triplex. 2.Renovate & Reimagine - The existing structure is incredibly strong, offering the opportunity to modernize or even add a fourth unit. 3. Phased Development Option - Maintain cash flow with current tenants while constructing the new addition, then renovate the existing building for even greater rental potential! Prime Location. High Rental Demand. Endless Potential. Seize this rare chance to own a piece of history while maximizing your investment potential. Properties like this don't hit the market often. Act now! (id:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Listing Courtesy: RIGHT AT HOME REALTY INVESTMENTS GROUP
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Market statistics compiled from data from Canadian Real Estate Association.