1/206391 MAIN STREET, Whitchurch-Stouffville (Stouffville)
6391 MAIN STREET, Whitchurch-Stouffville (Stouffville), ON L4A1G4
$899,000 total
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Asset Class
Multifamily
Size
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Building class
C
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
85%
About this property
Commercial building on Main St. Stouffville with 2nd floor 1 bedroom + den apartment with separate hydro & entrance. Parking behind building on 265 foot lot. 2nd floor apartment: updated flooring, kitchen with fridge, stove, washer, dryer & dishwasher, 3PC bath, gutted to outside walls (2008), wiring, plumbing, insulation (spray foam in upper lev/roof), furnace/AC, shingles, soffits & eavestroughs. 2nd Floor tenanted to AAA tenant. 1st floor commercial space currently vacant. Great investment opportunity or run your business 1st floor & collect 2nd floor apartment rent. Possible 2nd VTB mortgage to qualified Buyer. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$26K
Annual cash flow
$-24K
Cash-on-cash
-8.98%
DSCR
0.51
Going-in cap
2.85%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
98,926
Households
36,191
Median income
$110,500
Median age
34.2
Daytime population
130,285
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 6391 MAIN STREET, Whitchurch-Stouffville (Stouffville).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.