38-40 QUEEN Street, North Stormont, ON
Property Highlights
Welcome to this remarkable Other fourplex located in the coveted neighborhood of North Stormont (Finch) Twp. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $1,589,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 9 Bedrooms and 9 Bathrooms
- Generous living space spanning 5000 + sqft on a spacious lot (Feet)
- Ample parking with 0.0 garage spaces (6.0 total parking spaces) with a convenient other configuration
- Notable attributes: None
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
A RARE 9-UNIT INVESTMENT OPPORTUNITY! Offering flexibility, strong income potential and a unique multi-residential setup, this well-maintained property is one you'll want to take a closer look at. Currently designed with senior living and accessibility in mind, Spread across two separate buildings, 38 Queen Street features 3 units while 40 Queen Street offers 6 units. Each unit is equipped with five appliances, in-floor radiant heating and wall-unit air conditioning for year-round comfort. The thoughtful layouts and accessible design make the property well suited for senior living while offering versatility for a broader rental market. Whether you're expanding your portfolio, exploring senior housing or looking for a distinctive multi-unit apartment investment, opportunities like this are hard to find!
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Property Summary
This fourplex located at 38-40 QUEEN Street, North Stormont is currently for sale and has been available for 49 days. This property is listed at $1,589,000 with an estimated mortgage of $5,289* per month. It has 9 beds, 9 bathrooms, and is 5000 + square feet. 38-40 QUEEN Street, North Stormont is in the North Stormont (Finch) Twp neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 9 bedrooms and 9 bathrooms, this home offers ample space and comfort for growing families in North Stormont (Finch) Twp, North Stormont.
- •9 spacious bedroom layout offering versatile living space
- •9 well-appointed bathrooms
- •5000 + sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in North Stormont (Finch) Twp, North Stormont.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Park
- Place Of Worship
- Rec./Commun.Centre
- School
- School Bus Route
Interior Features
- None
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in North Stormont?
If you are looking for a house in North Stormont or researching North Stormont real estate for sale, this 9-bedroom fourplex at 38-40 QUEEN Street, North Stormont, ON offers an exceptional opportunity to buy a home in North Stormont, Ontario. Whether you are a first-time North Stormont home buyer or comparing active North Stormont MLS® homes for sale, working with a dedicated North Stormont buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced North Stormont realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
North Stormont Buyer Budget & Costs
Estimated mortgage: $5,289*/month*. Estimated Ontario Land Transfer Tax: $28,255. First-time North Stormont home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in North Stormont
Frequently Asked Questions about 38-40 QUEEN Street, North Stormont, ON
Q.What is the asking price for 38-40 QUEEN Street, North Stormont, ON ?
The current listing price for 38-40 QUEEN Street, North Stormont, ON in North Stormont (Finch) Twp, North Stormont is $1,589,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 9 bedrooms and 9 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 38-40 QUEEN Street, North Stormont, ON ?
38-40 QUEEN Street, North Stormont, ON is a Fourplex (Other) featuring a None basement.
Q.What key property features does 38-40 QUEEN Street, North Stormont, ON offer?
Key property features include: Park, Place Of Worship, Rec./Commun.Centre, School, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (Other).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Wall Unit(s).
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
North Stormont (Finch) Twp, North Stormont
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 38-40 QUEEN Street, North Stormont, ON K0A 1R0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in North Stormont, ON
For a property listed at $1,589,000 in North Stormont, the legal minimum down payment is $317,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $28,255 for this transaction. As this listing is in North Stormont (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $28,255.
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North Stormont (Finch) Twp, North Stormont Neighborhood Guide
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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