6745 Main Street, Whitchurch-stouffville, ON, L4A 6B5

Property Details: - Type: Multiplex - Bedrooms: 5 - Bathrooms: 3 - MLS#: N12983930 Listed By: SUTTON GROUP-ADMIRAL REALTY INC.

FULLY LEGAL TRIPLEX (POTENTIAL SIX-PLEX). Attention Investors & Builders - Rare Value-Add Opportunity! Own a fully legal triplex with immediate rental income and APPROVED plans to expand to a six-plex - all at an attractive entry price. This property features three existing legal units with solid tenants in place, providing stable cash flow from day one. Located on a newly rezoned RN5 lot, the property comes with approved site plans and architectural drawings to construct an additional triplex, bringing the total to six income-generating apartments. Key planning work is already completed, allowing the next owner to move forward with building permits and unlock the site's full income potential. Multiple strategies available: build the approved addition and create a high-performing six-plex, maintain existing tenants while developing for phased growth, or modernize the current units to further increase rental revenue and overall property value. Additional opportunity: the adjacent property may also be available for purchase, creating the potential to assemble nearly 0.5 acre of land in the heart of Stouffville - a rare prospect for larger future development. Ideal for investors seeking scalability - secure today's income while planning tomorrow's expansion. Guidance with project financing and commercial mortgage options may be available to qualified buyers. Strong rental demand, development upside, and long-term growth potential all in one property. A rare opportunity to control both immediate cash flow and future value. This multiplex home located at 6745 Main Street, Whitchurch-stouffville is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $995,000 with an estimated mortgage of $3,662* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. The property is 100+ years old. 6745 Main Street, Whitchurch-stouffville is in the Stouffville neighborhood Whitchurch-stouffville. Rural Whitchurch Stouffville, Ballantrae and Rural Whitchurch-Stouffville are nearby neighborhoods.