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42 Somerville Street

42 Somerville Street

Whitchurch-Stouffville, ON

  • 7 bath
  • 6,000 sqft
  • Investment
  • 151 days on market
$3,828,000

Unique investment opportunity in Downtown Stouffville. 10 year new totally re-built with highest quality and workmanship, 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 constructed 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. Mixed uses. Live/work combo in one building plus collect rental income from the other suites ~Generates approx. $160,000 net income!

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Listing Details

Taxes (2025)
$9,963
Listed
April 1, 2026

Price History

Listing history

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Property

Age
6-15
Lot Size
50 x 150 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Main Street / Market Street
Zoning
R2F
Parcel Number
037310496
Possession
Flexible
Occupancy
Owner+Tenant

Commercial

Business Type
Apts - 2 To 5 Units
Office / Apartment Area
3000 Sq Ft

Included

Inclusions
5 fridges, 5 stoves, 5 built-in dishwashers, 5 washers & dryers, 4 built-in microwaves, 4 hot water tanks, 1 instant water heater, 3 hot water gas furnace units, 5 air conditioner units, heated floors on ground floor, 400 amp service
Exclusions
Deck patio furniture, BBQ and any items belonging to Tenants

Community

Postal area L4A

Population
50,389
Private dwellings
17,366
Median age
41.6
Average household size
3
Median household income
$122,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Whitchurch-Stouffville · last 12 months

Median sold price
$1,100,000
Homes sold
567
Median days on market
25
Sale-to-list price
97.7%

Based on 567 recorded sales of commercial properties in Whitchurch-Stouffville over the last 12 months.

Listed by

REMAX YOUR COMMUNITY REALTY

Walk Score

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Location

Street View

Commercial figures

Building area
6,000 sq ft
Price per sq ft
$638.00
Annual property tax
$9,963
Tax per sq ft
$1.66

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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