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$5,800,000
Available - For Sale
Listing ID: N8230414
Incredible Investment Opportunity In Prime Location Of Downtown Richmond Hill, Crosby Community. Perfectly Shaped Lot, Approximately 0.90 Acres With A 6,000-6,500 Square Foot 2 Storey Building Close To Yonge Street. The Property Has Many Permitted Uses And It Surrounded By Apartment Buildings, Detached Homes, Townhomes, Public Parks, Restaurants, Retail Establishments, Churches, Community Services, Shopping Plazas, Schools And Public Transportation. Walking Distance To Yonge Street And All Public Amenities. Great Re-Development Potential For Multi-Residential/Townhouses Or Multi-Storey Development With Premium Lot Potential. The Property Is Currently Zoned (Neighbourhood) Residential And Used As A Legal Day Care Business For The Past 20+ Years With By-Law Amendment. 146 Licensed Spaces. The Building Is In Good Condition And Can Be Used For Many Different Businesses Or Leased To Any Commercial/Retail/Institutional Uses. Large Gym Area And Day Care/Class Rooms. Current Tenant Is "Cuties & Patooties Daycare" And Will Not Stay On After Closing. Excellent Investment Property To Rent And Generate Cash Flow While Awaiting Re-Development Application. This Property Is Also Available for Lease MLS#N9051311.
Extras:   Fridge, Stove, Dishwasher, Electric Furnace, Hot Water Tank, Fire Alarm System, Electric Light Fixtures & Building All In "As Is Condition" New Roof (2-3 Years) And Some Windows Replaced In 2017.
Price $5,800,000
Taxes: $13,469.88
Tax Type: Annual
Occupancy by: Tenant
Address: 83 Dunlop St , Richmond Hill, L4C 2M6, Ontario
Postal Code: L4C 2M6
Province/State: Ontario
Legal Description: PT LT 47 CON 1 MARKHAM PTS 2 & 3 64R3490
Lot Size: 175.17 x 221.73 (Feet)
Directions/Cross Streets: Yonge And Major Mackenzie
Zoning: R2
Category: Office
Use: Other
Building Percentage: Y
Total Area: 38,793.1
Total Area Code:  Sq Ft
Retail Area: 6498
Retail Area Code: Sq Ft
Area Influences: Public Transit   Rec Centre
Heat Type: Other
Central Air Conditioning: Part
Sewers: San+Storm
Water: Municipal
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ROYAL LEPAGE YOUR COMMUNITY REALTY

83 Dunlop St , Richmond Hill, L4C 2M6, Ontario


 
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At a Glance:
Type: Com - Investment
Area: York
Municipality: Richmond Hill
Neighbourhood: Crosby
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Lot Size: 175.17 x 221.73(Feet)
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Tax: $13,469.88
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