$3,928,000Asking Price
42 Somerville Street, Whitchurch-Stouffville, ON L4A 1G6
Stouffville, Whitchurch-Stouffville
Multi - Generational building. Very Rare to find this type pf property. 10 Year New totally re-built 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 luxury above grade space. Located Next to Memorial Park, Backing onto Ravine and Steps to Community Centre, Library, Shops, Restaurants and the GO Train Station. Building is Built with Quality Upgrades with Picturesque Windows, Heated Floors, Hardwood Floors, Granite Counter Tops, Pot Lights, Natural Limestone, Belden Brick & Stucco Exterior, fully Fire Rated and Extreme Sound Proofing. Unique Multi-Family Design with Ground floor non-conforming Commercial use option. Live/Work under one roof with built-in bonus option to collect rental income from the other suites ~ potential to generate approx. $160,000 Net Income!
Multi - Generational building. Very Rare to find this type pf property. 10 Year New totally re-built 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 luxury above grade space. Located Next to Memorial Park, Backing onto Ravine and Steps to Community Centre, Library, Shops, Restaurants and the GO Train Station. Building is Built with Quality Upgrades with Picturesque Windows, Heated Floors, Hardwood Floors, Granite Counter Tops, Pot Lights, Natural Limestone, Belden Brick & Stucco Exterior, fully Fire Rated and Extreme Sound Proofing. Unique Multi-Family Design with Ground floor non-conforming Commercial use option. Live/Work under one roof with built-in bonus option to collect rental income from the other suites ~ potential to generate approx. $160,000 Net Income!
See MoreKey Info
- 2-Storey Detached
- 10-Car Driveway
- No Garage
- Market Street / Main Street
- 5000 + Approximate Sq Feet
- No Basement
- 5 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 50 x 150 Feet
- Brick/Stone Exterior
- Taxes were $9,630 in 2024
- Possession: 30 Days/T.B.A
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #N12508068
- ROYAL LEPAGE YOUR COMMUNITY REALTY
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 4 4-Piece Bathrooms | |||
| 2 3-Piece Bathrooms | |||
| 1 2-Piece Bathroom | |||
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Who lives here?
Stouffville, Whitchurch-Stouffville is a north GTA neighbourhood notable for its university grads, business and education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of immigrants from Sri Lanka, and Cantonese and Tamil speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 19 and adults aged 30 to 49.
Families
Kids Per Family
1.4
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
34%
of residents are
single and loving it.
34% singles
Whitchurch-Stouffville (34%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
9%
of residents
are renters.
9% renters
Whitchurch-Stouffville (11%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
41%
of residents are
university grads.
41% university grads
Whitchurch-Stouffville (39%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$139K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 13% |
| Management | 10% |
| Government | 9% |
| Trades | 8% |
Immigrants
33%
of residents were
born outside of Canada.
33% immigrants
Whitchurch-Stouffville (34%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
5.0% from Sri Lanka
All-time
Birthplace - Recent
1.9% from China
Recent
Foreign Languages
Foreign Languages
| Cantonese | 8% |
| Tamil | 6% |
| Mandarin | 3% |
| Italian | 2% |
| Tagalog | 1% |
Religions
Religions
| Christian | 65% |
| Hindu | 9% |
| Muslim | 2% |
| Buddhist | 1% |
| Sikh | 1% |
