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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

3 Beds

3 Baths

Save Virtual Tour

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Stouffville

MLS Listing ID N13154386

Style 2-Storey

Bedrooms 3

Annual Tax Amount $4,000

Tax Year 2026

Property Sub-Type Triplex

Property Description

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.

Location

Province ON

County York

Area York

Zoning R3

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 3

Interior

Interior Features Carpet Free, Storage Area Lockers, Water Heater Owned

Cooling None

Inclusions Offers welcome anytime. Please allow 24hrs irrevocable. Please send offers to leslie@lesliepatterson.ca. Showings must adhere to tenant schedule; Saturdays 1 to 4pm. Sundays 2 to 4pm. Tuesdays, Wednesday, Thursday, Friday 2 to 7pm, and based on tenant confirmation. Property visits for common space daily 10am-7pm.

Exterior

Exterior Feature Controlled Entry, Landscaped, Porch

Parking Features Private

Pool None

Roof Type Shingles

Lot Frontage 65.0

Lot Depth 79.6

Total Parking Spaces 6

Building

Building Age 100+

Foundation Stone

Others

Senior Community No

ParcelsYN No

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Listed by REMAX YOUR COMMUNITY REALTY

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+1(647) 493-3579

info@tonyledi.com

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6153 Main ST Whitchurch-stouffville, ON L4A 3R6