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For saleMLS® N14110656

5531 Main Street, Whitchurch-Stouffville, ON L4A 8B7

Stouffville · L4A 8B7

$7,000,000

$63 / sq ft

1 weeks on market

Interior
110,947 sf
Lot
237.4 × 371.8 ft

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About this property

** BEING SOLD UNDER POWER OF SALE ** 5531 Main Street, is a +2.5-acre mixed-use development opportunity with +237.4 feet of frontage along Main Street. The Property is strategically located within the Western Approach -Mixed Use Secondary Plan Area, one of Stouffville's key growth areas. The Western Approach - Mixed Use Secondary Plan, within which the Property is situated, supports the creation of a diverse, mixed use district incorporating residential, commercial, employment, institutional, cultural and entertainment uses. This broader planning framework may provide purchasers with the flexibility to explore alternative development concepts, including low-rise residential forms, subject to applicable planning approvals.

Property details

Property

Property type
vacant land
Interior size
110,947 sq ft
Lot size
237.4 × 371.8 ft
Zoning
CM2(12)
Possession
Immediate

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$7,000,000
Property taxes
$39,795 / year (2026)
Price per sq ft
$63

Listing

MLS® number
N14110656
Status
For sale
Listed
October 23, 2026
Days on market
13
Last updated
October 23, 2026
Listing brokerage
CBRE LIMITED

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $1,400,000
$1,400,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$30,963.36
Property tax (est.)
$3,316.22
Estimated monthly
$34,280

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$161,475
Total due on closing
$161,475

An estimate on the asking price of $7,000,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CBRE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$7,000,000

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Comparable sales nearby

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