42 Somerville Street, Whitchurch-Stouffville, ON L4A 1G6
$3,828,000
$3,828,000

42 Somerville Street

Stouffville, Whitchurch-Stouffville, York $3,828,000

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7 Baths
Outside/Surface Garage
Parking for 10
Zoning: R2F
MLS®#:
N12946174
Property Type:
Investment
Property Style:
Area:
York
Community:
Stouffville
Taxes:
$9,963.37 / 2025
Added:
April 01 2026
Lot Frontage:
50
Lot Depth:
150
Status:
Active
Outside:
Year Built:
6-15
Brokerage:
REMAX YOUR COMMUNITY REALTY
Lot :

150

50

Intersection:
Main Street / Market Street
Rooms:
Bedrooms:
Bathrooms:
7
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

Unique investment opportunity in Downtown Stouffville. 10 year new totally re-built with highest quality and workmanship, 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 rentable space. Located next to Memorial Park, backing onto ravine and steps to Community centre, library, shops, restaurants and the GO Train Station. Building is constructed with quality upgrades with picturesque windows, hardwood floors, granite counter tops, pot lights, natural limestone, Belden brick and stucco exterior, fully fire rated and extreme sound proofing. Mixed uses. Live/work combo in one building plus collect rental income from the other suites ~Generates approx. $160,000 net income!

5 fridges, 5 stoves, 5 built-in dishwashers, 5 washers & dryers, 4 built-in microwaves, 4 hot water tanks, 1 instant water heater, 3 hot water gas furnace units, 5 air conditioner units, heated floors on ground floor, 400 amp service

Insights

  1. Prime Location: Situated in Downtown Stouffville, this property is adjacent to Memorial Park and within walking distance to community amenities, shops, restaurants, and the GO Train Station, enhancing its appeal for both residential and commercial tenants.
  2. Strong Income Potential: The property generates approximately $160,000 in net income, making it an attractive investment opportunity for buyers looking for a reliable revenue stream.
  3. High-Quality Construction: Built in 2025 with luxury finishes and soundproofing, the building features 5 self-contained residential suites and commercial units, providing a mix of live/work options that cater to diverse tenant needs.

Neighborhood Overview

Complete neighborhood profile for 42 Somerville Street

Stouffville home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Stouffville
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)