REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tony & Ledi Real Estate Team

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

Est. payment | -/mo

5 Beds

3 Baths

Save Virtual Tour

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Stouffville

MLS Listing ID N13525434

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,226

Tax Year 2025

Property Sub-Type Triplex

Property Description

Attention Investors & Builders - Rare Value-Add Opportunity! Own a cash-flowing three-unit investment property with solid tenants in place and approved potential to expand into a six-unit residential building. Generate rental income from day one while creating substantial long-term value through future development-all at an attractive entry price. Brand-new roof installed in July 2026. Located on a newly rezoned RN5 lot, the property comes with Town-approved site plans and architectural drawings prepared as part of the rezoning process to support the approved six-unit concept. Years of planning, rezoning, and approvals have already been completed, allowing the next owner to move directly toward the building permit stage while retaining the flexibility to refine the design if desired. Multiple investment strategies are available: build the approved expansion and create a high-performing six-unit investment property, continue generating rental income while developing in phases, or modernize the existing units to further increase rental revenue and overall property value. Additional opportunity: the adjacent property may also become available for purchase, creating the potential to assemble nearly 0.5 acre in the heart of Stouffville-a rare opportunity for larger future development.Ideal for investors seeking both immediate cash flow and long-term upside. Guidance with project financing and commercial mortgage options may be available to qualified buyers.Strong rental demand, approved development potential, immediate income, and significant long-term value-all in one property.

Location

Province ON

County York

Area York

Zoning RN5(4)

Rooms

Family Room No

Basement Unfinished

Kitchen 3

Interior

Interior Features Separate Hydro Meter, Water Heater Owned

Cooling None

Inclusions 3 stoves, 3 fridges, 1 coin washer, 1 coin dryer

Exterior

Pool None

Roof Type Shingles

Lot Frontage 94.44

Lot Depth 78.62

Total Parking Spaces 3

Building

Building Age 100+

Foundation Other

Others

Senior Community No

ParcelsYN No

Virtual Tour https://youtube.com/shorts/LMFKT8ZhdZc?si=4Fy7dIh26jVJwZ-p

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

6745 Main ST Whitchurch-stouffville, ON L4A 6B5