haho.ca
$249,000
For sale

B- 16 East Wilmot Street, Richmond Hill (Beaver Creek Business Park) - Business for Sale

B- 16 East Wilmot Street, Richmond Hill (Beaver Creek Business Park), Ontario, L4B1C8

11,500 ft²Listed 145 days ago
Overview

This business in Richmond Hill is for sale offering roughly 11,500 sq ft of space.

Description

Business for sale without property. Great opportunity to own and operate a fully equipped, well-established stone fabrication business. The company provides a comprehensive range of services, specializing in the fabrication and installation of custom stone applications including countertops, flooring, bathrooms, and kitchens. The premises feature a thoughtfully designed front area, including a spacious reception desk, an inviting showroom, a common room for the staff and a dedicated client meeting room. The location offering approximately 18-foot clear height, abundant natural light, a truck level and a drive-in door, and 400 AMP electrical service -ideal for stone fabrication, processing, and efficient workflow logistics. The current lease rate is highly competitive at $17 per square foot (including TMI), representing strong value relative to comparable industrial spaces in the area. (id:66096)

Property Details

MLS®
N13443320
Property Type
Business
Business Type
Manufacturing
Zoning
Industrial
Interior Size
11,500 ft²
Lot Size
11,500 sq ft (0.26 ac)
Frontage
176 ft
Heating
Other
Cooling
Partially air conditioned
Listed
145 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
145d
Richmond Hill (Beaver Creek Business Park) listings, avg age
83d
Price / ft²
$22
List price
$249K

Long Listed: 145 days on market, against an average age of 83 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 (Beaver Creek Business Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by BAY STREET GROUP INC. · JAMES LIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $249,000, about 2.6× the local median household income of $97,000.

Carrying it typically needs a household income of about $48,638 (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)

$249,000· $22/ft²
For sale

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Financing

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$249,000

Richmond Hill

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