8750 Bayview Avenue, Richmond Hill (Langstaff) - Business for Sale
8750 Bayview Avenue, Richmond Hill (Langstaff), Ontario, L4B4V9
This business in Richmond Hill is for sale offering roughly 1,459 sq ft of space.
Description
Well-established dry cleaning plant. Excellent opportunity. Family-owned and operated for 20 years. Owner retiring. High-exposure free-standing Loblaw's plaza with ample parking. Great location. Great clientele. Fully equipped with newer environmentally friendly dry cleaning machine (only 7 years old). 2 washing machines (1 Commercial)n, 2 dryers (1 commercial), 2 press machines, Itzumi shirt press machine. High potential to grow with continuous developments in surrounding areas. High sales from walk-ins. Potential to increase with wholesale. (id:66096)
Property Details
- MLS®
- N13174388
- Property Type
- Business
- Business Type
- Service
- Zoning
- Commercial
- Interior Size
- 1,459 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 163 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 163 days on market, against an average age of 51 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.
This business in Richmond Hill (Langstaff) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4B)
This home lists at $399,000, about 4.1× the local median household income of $97,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $97,000
- Population
- 36,080
- Median age
- 45.6
- Owner / renter
- 80% / 20%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA L4B)
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$399,000
Richmond Hill