| 5% Cap rate makes for a very attractive real estate investment located on Main St in central Stouffville. GO train is a 5 minute walk. This well maintained established legal triplex (R3) with three individual units; 1 x bachelor + 1 x 1-bedroom + 1 x 2-bedroom. Each of long term tenants (2017, 2019, 2022) wish to remain. This triplex has been well maintained with many updates including a complete make over of apartment #2, plus a updated bathroom and kitchenette in the bachelor unit. Roof 2019. Paved driveway 2021. The large front covered porch defines welcoming curb appeal into the secure front door to each apartment. The decking was new 2021. The paved driveway provides 2 parking spots for each tenant = 6 total parking spots. The driveway is off Albert Street. The side porch doubles as a gathering space and the common laundry room with commercial grade coin washer and dryer - approx $2k/yr. The side and back yards are a grass canvas enjoyed by the residents. The Upper unit includes a private balcony facing east to delight in each morning sunrise, plus a sunroom facing north. The basement with a separate entrance is ideal for storage, includes the gas furnace and the three owned hot water tanks. Optimal for investors looking for positive cash flow; Cap rate 5%. NOI 3.4%. Stouffville is growing, and offers a choice of schools, worship, shopping, sports fields, restaurants, banking and close to the Markham Stouffville hospital. #404 access from Stouffville Rd. Straight drive on 9th Line to #407. Floor plan attached. Financials attached. |
| Price | $973,000 |
| Taxes: | $4000.00 |
| Occupancy: | Tenant |
| Address: | 6153 Main Street , Whitchurch-Stouffville, L4A 3R6, York |
| Directions/Cross Streets: | Main/Albert |
| Rooms: | 10 |
| Bedrooms: | 3 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full, Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Upper | Kitchen | 20.01 | 9.18 | Large Window, Vinyl Floor, Eat-in Kitchen |
| Room 2 | Upper | Living Ro | 11.81 | 11.48 | Large Window, Broadloom |
| Room 3 | Upper | Primary B | 10.14 | 11.09 | Large Window, Broadloom, Closet |
| Room 4 | Main | Kitchen | 15.42 | 9.84 | Tile Floor, Combined w/Family |
| Room 5 | Main | Primary B | 12.46 | 11.48 | Large Window, Broadloom, Combined w/Kitchen |
| Room 6 | Main | Laundry | 10.23 | 13.78 | Vinyl Floor, 4 Pc Ensuite, Closet |
| Room 7 | Main | Kitchen | 14.24 | 10.33 | Vinyl Floor, Large Window, W/O To Porch |
| Room 8 | Main | Kitchen | 13.45 | 6.3 | Combined w/Great Rm, Combined w/Br, Window |
| Room 9 | Main | Great Roo | 19.02 | 10.17 | Combined w/Br, Combined w/Kitchen, 3 Pc Bath |
| Room 10 | Upper | Bedroom 2 | 9.15 | 11.09 | Large Window, Broadloom, Closet |
| Room 11 | Upper | Sunroom | 8.86 | 7.87 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Hospital, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REMAX YOUR COMMUNITY REALTY |
|
|
| Virtual Tour | Book Showing | Email a Friend |
| Type: | Freehold - Triplex |
| Area: | York |
| Municipality: | Whitchurch-Stouffville |
| Neighbourhood: | Stouffville |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $4,000 |
| Beds: | 3 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |