Multi - Suite building. Very Rare to find this type pf property. 10 Year New totally re-built French Chateau Style Luxury Building with 5 Self-Contained Suites 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!
Address
42 Somerville Street
List Price
$3,928,000
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Whitchurch-Stouffville
Sub-Area
Stouffville
Region
York
Bedrooms
9
Bedrooms (Total)
9
Rooms Above Grade
24
Bathrooms
7
Floor Area
5000 + Sq. Ft.
Lot Depth
150
Lot Size Units
Feet
Lot Width
50
Occupant Type
Owner+Tenant
Cross Street
Market Street / Main Street
MLS® Number
N12508068
Listing Brokerage
ROYAL LEPAGE YOUR COMMUNITY REALTY
Basement Area
None
Postal Code
L4A 1G6
Posession Details
30 Days/T.B.A
Parking
Mutual
Parking Places (Total)
10
Parking Spaces
10
Tax Amount
$9,630.84
Tax Year
2024
Site Influences
Cul de Sac/Dead End, Library, Park, River/Stream
Interior Features
Carpet Free
Property Features
Park, Library, Cul de Sac/Dead End, River/Stream
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Stone
Direction Faces
South
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
5
Kitchens Above Grade
5
Pool Features
None
Roof
Shingles
Tax Legal Description
Lot 10 Plan 972 MARKHAM; WHITCHURCH-STOUFFVILLE
Waterfront
No
Sewer
Sewer
