$925,000
Available - For Sale
Listing ID: N13723502
6745 Main Street , Whitchurch-Stouffville, L4A 6B5, York
| Attention Investors & Builders - Rare Value-Add Opportunity! Priced to sell! Own a cash-flowing three-unit investment property with solid tenants in place and approved potential to expand into a six-unit residential property. Positive cash flow from day one, while offering substantial long-term upside through approved future development - now at an exceptional price. Brand-new roof installed in July 2026. Located on a newly rezoned RN5 lot (multi-family housing, apartment building), the property includes Town-approved site plans and architectural drawings prepared through the rezoning process for the approved six-unit concept. Years of planning, rezoning and approvals have already been completed, allowing the next owner to move toward the building permit stage while retaining flexibility to refine the design if desired. Multiple investment strategies are available: complete the approved three-unit addition and create a six-unit investment property; take a more gradual approach by phasing the development over time while continuing to generate rental income from the existing triplex; or modernize the existing units over time to further increase rental revenue and overall property value. Additional opportunity: the adjacent property may also become available for purchase, creating the potential to assemble nearly 0.5 acre in the heart of Stouffville - a rare opportunity for larger future development. Ideal for investors seeking immediate positive cash flow and long-term upside. Guidance with construction financing and mortgage options may be available to qualified buyers. Strong rental demand, approved development potential, positive cash flow from day one, and significant long-term value - all in one property. |
| Price | $925,000 |
| Taxes: | $5226.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 6745 Main Street , Whitchurch-Stouffville, L4A 6B5, York |
| Postal Code: | L4A 6B5 |
| Province/State: | York |
| Legal Description: | PT LT 35 CON 9 MARKHAM (AKA PT LT 25, PL |
| Directions/Cross Streets: | Main St/10th Line |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 2286.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit |
| Financial Statement: | T |
| Water Expense: | $140 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 3 |
| Outside Storage: | T |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
| Sewers: | Storm |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| SUTTON GROUP-ADMIRAL REALTY INC. |
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Shabbir Khokher
Sales Representative
Dir:
416-831 8132
Bus:
416-270-1111
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | York |
| Municipality: | Whitchurch-Stouffville |
| Neighbourhood: | Stouffville |
| Tax: | $5,226 |
| Baths: | 3 |
| Fireplace: | N |
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