



$4,900,000
Whitchurch-Stouffville
14685 Woodbine Avenue, Whitchurch-Stouffville, Ontario, L4A2G7
This retail property in Whitchurch-Stouffville is for sale. It has been on the market 7 days, fresher than the Whitchurch-Stouffville average of 68 days.
RARE 2.63-ACRE COMMERCIAL INVESTMENT OR DEVELOPMENT OPPORTUNITY ON WOODBINE AVE! Exceptional property in the charming community of Gormley featuring 3 large freestanding commercial buildings, all fully leased and generating immediate rental income! Prime location! Excellent exposure, and proximity to prestigious estate homes and future residential development areas. Situated in a desirable growth corridor and NOT within the Oak Ridges Moraine! Building 1: Approx. 3,000 sq ft two-storey building featuring 7 spacious offices/rooms, ideal for professional offices, educational, retail or contractor uses. Building 2: Historic former Vandorf Town Hall, currently operating as Harmony Concert/Event Hall. Building 3: Located at 10 Hunters Rd, approx. 6,930 sq ft featuring 5,720 sq ft main floor plus 1,210 sq ft mezzanine, 4 large bay doors, high-voltage electrical, mechanic shop facilities, large yard, ample parking and outdoor storage. ALL 3 BUILDINGS FULLY LEASED! Shorter term leases allow for end users to occupy the site in the near future. Outstanding opportunity for investors, developers and future owner-users seeking multiple income streams, substantial land value and excellent long-term investment and redevelopment potential, subject to approvals. SELLER TAKE-BACK MORTGAGE AVAILABLE FOR QUALIFIED BUYERS! Rare opportunity to acquire a substantial income-producing commercial property in a high-demand growth corridor! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 7 days on market, against an average age of 68 days across the listings currently for sale in this city
This retail in Whitchurch-Stouffville has been listed for 7 days, which is 61 days fresher than the city average of 68. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $4,900,000, about 40.2× the local median household income of $122,000.
Carrying it typically needs a household income of about $957,142 (20% down, 25-yr amortization, stress-tested) — roughly 685% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4A)
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