42 Somerville St

Great Investment Opportunity!!! Large Ravine lot (with 10 parking spots) backing onto Memorial Park in Downtown Stouffville. Existing building consists of 5 units; 4 very unique residential suites & one commercial unit, currently a studio. There are 3 two-bedroom units & 1 one-bedroom unit, each with their own high end amenities including 10 & 12 foot ceilings, hardwood floors, granite counters, tile backsplash, quartz vanities, skylights, vaulted ceilings, pot lights and crown moulding. Building built approximately 7 years ago. Fully occupied with great long-term tenants. Walking distance to GO Station and downtown shopping. Easy access to Hwy 404 & 407 for commuters. Development Opportunity: Potential for 20 plus high end condo units (1600 sq ft each) if neighbouring property is purchased. Buyer to do all of their own due diligence with regards to all aspects of the property. For more information and to book your viewing appointment, please call Robert at 416-271-2925 or email at: [email protected] Send offers to [email protected] anytime with 72 hour irrevocable. All offers are subject to seller's lawyer review.

Property Details: 42 Somerville St, Stouffville, 9 bed, 5.5 bath Living Space: 548.127936 Type: 13