42 Somerville St

About this Property

Unique investment opportunity in Downtown Stouffville. Custom 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!

Listing Details

MLS #

N12946174

Board

PROPTX

Market

ontario

Property Type

Investment

Style

Apartment

Year Built

6-15

Garage

Outside/Surface

Parking Spaces

10

Heating

Gas Forced Air Open

Cooling

Y

Lot Size

50 × 150 ft

Annual Taxes

$9,963/yr

Listed By

REMAX YOUR COMMUNITY REALTY

Listed On

April 1, 2026

Features & Extras