FULLY LEGAL TRIPLEX ( POTENTIAL SIX-PLEX ). Attention Investors & Builders - Rare Value-Add Opportunity! Own a fully legal triplex with immediate rental income and approved plans to expand to a six-plex - all at an attractive entry price. This property features three existing legal units with solid tenants in place, providing stable cash flow from day one.Located on a newly rezoned RN5 lot, the property comes with approved site plans and architectural drawings to construct an additional triplex, bringing the total to six income-generating apartments. Key planning work is already completed, allowing the next owner to move forward with building permits and unlock the site's full income potential.Multiple strategies available: build the approved addition and create a high-performing six-plex, maintain existing tenants while developing for phased growth, or modernize the current units to further increase rental revenue and overall property value.Ideal for investors seeking scalability - secure today's income while planning tomorrow's expansion. Guidance with project financing and commercial mortgage options may be available to qualified buyers.Strong rental demand, development upside, and long-term growth potential all in one property. A rare opportunity to control both immediate cash flow and future value.
Details
N12824322
3
$1,095,000
Tenant
None
3 + 3
2-Storey
5
3
2000-2500 Sqft
7362.51 N/A
100+
Detached
Sale
Additional details
Forced Air / Gas
RN5(4)
$5226
2025
PT LT 35 CON 9 MARKHAM (AKA PT LT 25, PL 1155) AS IN WS4438 EXCEPT R477974 ; WHITCHURCH-STOUFFVILLE
N/A
N
7362.51
Unfinished
None
Municipal
Rooms
Living Room
Ground Level
5.12 x 4.7
Kitchen
Ground Level
3.43 x 4.7
Bedroom
Ground Level
4.18 x 3.26
Bedroom 2
Ground Level
2.5 x 4.29
Bedroom 3
Ground Level
3.64 x 3.07
Living Room
Second Level
3.78 x 5.46
Kitchen
Second Level
3.26 x 5.46
Bedroom 4
Second Level
2.39 x 3.19
Living Room
Second Level
3.78 x 4.71
Kitchen
Second Level
3.1 x 4.79
Bedroom 5
Second Level
2.3 x 3.87
Schools Nearby
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FAQ
What is the total square footage of the N12824322 - 6745 Main Street, Whitchurch-Stouffville, ON L4A 6B5?
The total square footage of this property is 2000-2500 SqFt.
What schools near to N12824322 - 6745 Main Street, Whitchurch-Stouffville, ON L4A 6B5?