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11821 WOODBINE AVENUE, Whitchurch-Stouffville — listed at $1,740,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent investment opportunity in a highly desirable Stouffville location! This beautifully newly renovated property (2024) offers three self-contained units, all currently leased and generating strong rental income, helping offset the mortgage while providing an attractive investment opportunity (Unit #1 $1640.00 Unit #2 $1600.00 # Unit 3 $1200.00) plus Landlord occupied the main floor & upstairs. The extensive renovations include the basement, offering over 3500 SF updated and well-maintained living spaces. Live comfortably in the upper unit while enjoying rental income from the other units, or lease the entire property for maximum income potential. Ideally located close to Highway 404, with convenient access to Markham, Costco, Longo's, shopping, restaurants, and everyday amenities. Approximately 5 minutes to Markham and Costco/Longo's, making this an excellent location for both tenants and investors. A fantastic opportunity for investors, multi-generational families, or buyers looking to combine home ownership with income potential. Shows beautifully and offers strong flexibility for future use. Roof 2020, Furnace 2022, Water Softener 2022, Hot water Owned 2024, All appliances 2024. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Ground level | 6.81 x 4.06 meters |
| Dining room | Ground level | 6.83 x 4.08 meters |
| Family room | Ground level | 3.93 x 3.4 meters |
| Kitchen | Ground level | 4.52 x 3.4 meters |
| Primary Bedroom | Upper Level | 4.9 x 3.83 meters |
| Bedroom 2 | Upper Level | 4.93 x 3.23 meters |
| Bedroom 3 | Upper Level | 4.34 x 3.12 meters |
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
What makes this a luxury property?+
At $1,740,000, the premium reflects location, finishes, and lot. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,631, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What's the parking situation?+
This property includes 6 spaces — No Garage.
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