Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$925,000 $4,966 est/mo Sourced by Back At You
6745 Main Street,Whitchurch-Stouffville (Stouffvi, ON L4A6B5
Whitchurch-Stouffville (Stouffvi, ON L4A6B5
Ground floor 3-bedroom apartment
2nd floor 1-bedroom apartment
Apartment #3 2nd floor
New roof July 2026
Renovated hallway and stairs August 2026
separate entrance to the ground level 3-bdr unit
Description
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. (id:374)
Details
| MLS # | N13734558 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 55 |
| Listing Provided By | SUTTON GROUP-ADMIRAL REALTY INC. | DINARA VLASOV |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | RN5(4) |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 3 |
Utilities
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 5226 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Whitchurch-Stouffville (Stouffvi |
| Postal Code | L4A6B5 |
| Listing VS Median (in L4A6B5) | |
Price: $925,000 low | high Med: $463,475 sqft: 2,000 low | high Med: 1,350 $ / sqft: $463 low | high Med: $233 On site: 55 low | high Med: 30.5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Whitchurch-Stouffville (Stouffvi |
| Postal Code | L4A6B5 |
| Listing VS Median (in L4A6B5) | |
Price: $925,000 low | high Med: $463,475 sqft: 2,000 low | high Med: 1,350 $ / sqft: $463 low | high Med: $233 On site: 55 low | high Med: 30.5 | |
Nearby Listings (Within 1/4 mile)
Price: $693K - $1.156M
sqft: 1,500 - 2,500
Listing Updated: September 28, 2026 at 9:26:44 PM PDT
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