
42 Somerville Street
Whitchurch-Stouffville, ON
- 7 bath
- 6,000 sqft
- Investment
- 151 days on market
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!
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $9,963
- Listed
- April 1, 2026
Price History
Listing history
Sign in to view
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
Walk Score is unavailable for this address right now.
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.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?