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$899,900
Available - For Sale
Listing ID: N12009557
Exceptional Investment Opportunity in Prime Richmond Hill Location! Seize the chance to own a premium commercial retail unit situated at the bustling intersection of Highway 7 and Bayview Avenue. This 970 sq.ft. property boasts a newly secured 5-year lease with a high-quality tenant, including a 5-year renewal option. The tenant plans significant capital improvements, enhancing the property's value and appeal. Key features include an owned parking spot, ample additional parking adjacent to the underground parking exit, and proximity to new condominium developments, attracting a growing population to the area. The unit is fully equipped for restaurant use, featuring a comprehensive security system and low maintenance requirements. Located in the vibrant Doncrest neighborhood, this property offers excellent exposure and accessibility, making it an ideal investment for discerning buyers.
Price $899,900
Taxes: $6,011
Tax Type: Annual
Occupancy by: Owner+T
Address: 360 HIGHWAY 7 N/A East , Richmond Hill, L4B 3Y7, York
Postal Code: L4B 3Y7
Province/State: York
Lot Size: 15 x 61 (Feet)
Directions/Cross Streets: HWY 7 / BAYVIEW AVE
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Retail
Use: Hospitality/Food Related
Building Percentage: F
Total Area: 970
Total Area Code:  Square Feet
Retail Area: 970
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
BAY STREET GROUP INC.

360 HIGHWAY 7 N/A East , Richmond Hill, L4B 3Y7, York


 
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At a Glance:
Type: Com - Commercial Retail
Area: York
Municipality: Richmond Hill
Neighbourhood: Doncrest
Style:
Lot Size: 15.00 x 61.00(Feet)
Approximate Age:
Tax: $6,011
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
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