Property Information:

5% Cap rate makes for a very attractive real estate investment located on Main St in central Stouffville. GO train is a 5 minute walk. This well maintained established legal triplex (R3) with three individual units; 1 x bachelor + 1 x 1-bedroom + 1 x 2-bedroom. Each of long term tenants (2017, 2019, 2022) wish to remain. This triplex has been well maintained with many updates including a complete make over of apartment #2, plus a updated bathroom and kitchenette in the bachelor unit. Roof 2019. Paved driveway 2021. The large front covered porch defines welcoming curb appeal into the secure front door to each apartment. The decking was new 2021. The paved driveway provides 2 parking spots for each tenant = 6 total parking spots. The driveway is off Albert Street. The side porch doubles as a gathering space and the common laundry room with commercial grade coin washer and dryer - approx $2k/yr. The side and back yards are a grass canvas enjoyed by the residents. The Upper unit includes a private balcony facing east to delight in each morning sunrise, plus a sunroom facing north. The basement with a separate entrance is ideal for storage, includes the gas furnace and the three owned hot water tanks. Optimal for investors looking for positive cash flow; Cap rate 5%. NOI 3.4%. Stouffville is growing, and offers a choice of schools, worship, shopping, sports fields, restaurants, banking and close to the Markham Stouffville hospital. #404 access from Stouffville Rd. Straight drive on 9th Line to #407. Floor plan attached. Financials attached. (id:27)

Building Features:

Style: Multiplex
Building Type: Triplex
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Vinyl siding
Fire Protection: Controlled entry
Floor Space: 1500 - 2000 sqft
Flooring Type: Vinyl, Carpeted, Tile
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances:

Property Features:

Property Type: Multi-family
Bedrooms: 3
Bathrooms: 3
Amenities Nearby: Hospital, Public Transit, Schools
Community Features: Community Centre
Features: Carpet Free
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Landscape Features: Landscaped
Lot Depth: 79.6 Feet
Lot Frontage: 65 Feet
Lot Size: 65 x 79.6 FT
Structure Type: Porch
Utility Type: Hydro - Installed, Sewer - Installed, Cable - Available
Zoning: R3
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Rooms:

Kitchen Main Level 4.70 m x 3.00 m
Primary Bedroom Main Level 3.80 m x 3.50 m
Laundry Main Level 3.12 m x 4.20 m
Kitchen Main Level 4.34 m x 3.15 m
Kitchen Main Level 4.10 m x 1.92 m
Great Room Main Level 5.80 m x 3.10 m
Kitchen Upper Level 6.10 m x 2.80 m
2nd Bedroom Upper Level 2.79 m x 3.38 m
Sun Room Upper Level 2.70 m x 2.40 m
Living Upper Level 3.60 m x 3.50 m
Primary Bedroom Upper Level 3.09 m x 3.38 m

Convert Measurement to:

Courtesy of: REMAX YOUR COMMUNITY REALTY

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Demographic Information of 6153 MAIN STREET, Whitchurch-Stouffville, Ontario, L4A 3R6

Life Stage

Middle-Aged with Teens

Employment Type

Service Sector/White Collar

Average Household Income

$186,156.44

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.7 %

High school certificate or equivalent

28.83 %

Apprenticeship trade certificate/diploma

3.36 %

College/non-university certificate

20.74 %

University certificate (below bachelor)

3.09 %

University Degree

31.28 %

Commuter

Travel To Work

By Car

85.81 %

By Public Transit

1.19 %

By Walking

3.98 %

By Bicycle

0.0 %

By Other Methods

9.02 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.14 %

Houses

63.86 %

6153 MAIN STREET, Whitchurch-Stouffville, Ontario, L4A 3R6