6745 Main St, Whitchurch-Stouffville, Ontario L4A 6B5
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Highlights
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Price/Sqft$493/sqft
Monthly cost
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Description
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.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.
Property Details
Interior
Features
2nd Floor
Living
5.46 x 3.78Broadloom
Kitchen
5.46 x 3.26Laminate
4th Br
3.19 x 2.39Broadloom
Living
4.71 x 3.78Broadloom
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 3
Property History
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