haho.ca
$47,500,000
For saleJust listed

10620 Yonge Street, Richmond Hill (North Richvale) - Business for Sale

10620 Yonge Street, Richmond Hill (North Richvale), Ontario, L4C3C8

Listed 4 days ago
Overview

This business in Richmond Hill is for sale. It has been on the market 4 days, fresher than the Richmond Hill average of 62 days.

Description

Fully tenanted commercial plaza with many anchors like Shoppers, Value Village, St.Louis etc... Located Corner of Yonge and Oxford St. on over4 acres of land. Great future development potential. Over 50,000 rentable square foot. Ample parking spaces. Great income producing investment property. (id:66096)

Property Details

MLS®
N14141640
Property Type
Business
Zoning
Commercial
Lot Size
4.00 acres
Frontage
287 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$296,842/yr
Listed
4 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
4d
Richmond Hill (North Richvale) listings, avg age
62d
List price
$47.50M

Just listed: 4 days on market, against an average age of 62 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This business in Richmond Hill (North Richvale) has been listed for 4 days, which is 58 days fresher than the city average of 62. Act while there is still low competition.

Listed by NEW CONCEPT REALTY LTD. · JOHN S. CHO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4C)

This home lists at $47,500,000, about 552.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $9,278,413 (20% down, 25-yr amortization, stress-tested) — roughly 10689% above the area median.

Median household income
$86,000
Population
74,636
Median age
46
Owner / renter
70% / 30%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$47,500,000
For sale

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Financing

Buying this business?

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$47,500,000

Richmond Hill

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