For Sale
4431 Stouffville Road, Whitchurch-Stouffville
CBRE is pleased to offer for sale a 100% freehold interest in 4431 Stouffville Road (the “Site” or the “Property”) in the Town of Whitchurch-Stouffville. The Property is situated on a regularly configured ±9.75 acre lot that is centrally located between Whitchurch-Stouffville, Markham and Richmond Hill. The Property is currently improved with a ±40,945 sq. ft. greenhouse including a retail and office area, as well as six header greenhouse buildings with a size of ±1,955 sq. ft each. The Property is currently 100% occupied by a single tenant with lease terms ending in December of 2023 with the option to extend five years. The occupancy generates substantial income with future rental escalations in place. This offering presents an exciting opportunity for a wide range of investors looking to secure an established operation on a large tract of strategically located land.
| Property Information | |
|---|---|
| Lot Size | ±9.75 ac. |
| Building Size | 52,675 sq. ft (total) |
| Frontage | ±470 ft. on Stouffville Rd |
| Depth | ±905 ft. |
| Existing Conditions | Nursery |
| Official Plan | Oak Ridges Moraine Countryside Area, Significant Environmental Area, Agricultural Area |
| Zoning | Flood Hazard (FH), Agricultural (AG), Oak Ridges Moraine Countryside (ORM-C) |
| Taxes (2018) | $3,277.88 |
| Lease Information | |
|---|---|
| End Date | December 14, 2023 |
| Option to Renew | 5 years |
| Annual Rent | $158,760 |
| Expenses | Net Rent |
| Permitted Uses | AG | FH | ORM-C |
|---|---|---|---|
| Accessory Farm Dwelling Unit | ✓(5) | ✓(5) | |
| Accessory uses, buildings and structures | ✓ | ✓(14) | |
| Agricultural uses, buildings and structures | ✓(9) | ✓(1)(9) | ✓(1) |
| Agricultural uses, no buildings or structures | ✓ | ✓(1) | ✓ |
| Bed and Breakfast Establishment | ✓(8) | ✓(7)(8) | |
| Farm Produce Sales Outlet | ✓(10) | ✓(10) | |
| Farm Vacation Home | ✓ | ✓(7) | |
| Fish, Wildlife, Forestry Management | ✓ | ||
| Group Home | ✓(3) | ✓(3)(7) | |
| Home Industry | ✓(12) | ✓(12) | |
| Home Occupation | ✓(13) | ✓(13) | |
| Low Intensity Recreation | ✓ | ||
| Park | |||
| Plant Nursery | ✓(1) | ✓(1) | |
| Private Home Daycare | ✓ | ✓(7) | |
| Single Detached Dwelling | ✓ | ✓(4) | |
| Unserviced Park | ✓(6) | ✓ |
Surrounding Amenities
Whitchurch-Stouffville Demographics
Investment Opportunity
Well-suited, long-term tenant providing substantial income
Ideal Location
Centrally located between Whitchurch-Stouffville, Markham and Richmond Hill
Growing Population
Significant projected growth of +10.4% in immediate surrounding area
2018 Estimated Population
2023 Projected Population
Average Household Income
For More Information, Please Contact:
Mike Czestochowski**
Executive Vice President
416 495 6257
[email protected]
Evan Stewart
Sales Representative
416 495 6205
[email protected]
Arlin Markowitz*
Senior Vice President
416 815 2374
[email protected]
Lauren White*
Senior Vice President
416 495 6223
[email protected]
CBRE Limited
2005 Sheppard Ave E
Suite 800
Toronto, ON · M2J 5B4
*Sales Representative, **Broker.
All outlines contained in this document are approximate. This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE. CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth (03/2019).
