haho.ca
$100,000
For sale

#33 550 Highway 7 East, Richmond Hill (Beaver Creek Business Park) - Business for Sale

#33 550 Highway 7 East, Richmond Hill (Beaver Creek Business Park), Ontario, L4B3Z4

735 ft²Listed 29 days ago
Overview

This business in Richmond Hill is for sale offering roughly 735 sq ft of space. It has been on the market 29 days, fresher than the Richmond Hill average of 84 days.

Description

Great location at a busy plaza with high business density and high foot traffic. Opportunity for an owner-operator or a salon professional seeking a business location in Richmond Hill. Monthly rent $4,600 including hst and tmi. Lease expires December 31, 2026 with option for five-year renewal. (id:66096)

Property Details

MLS®
N13869722
Property Type
Business
Business Type
Personal Services
Zoning
Commercial / Retail
Interior Size
735 ft²
Frontage
1 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$1/yr
Listed
29 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
29d
Richmond Hill (Beaver Creek Business Park) listings, avg age
84d
Price / ft²
$136
List price
$100K

Extended: 29 days on market, against an average age of 84 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) has been listed for 29 days, which is 55 days fresher than the city average of 84. Act while there is still low competition.

Listed by BAY STREET GROUP INC. · Jay Zhao

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $100,000, about 1.0× the local median household income of $97,000.

Carrying it typically needs a household income of about $19,534 (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)

$100,000· $136/ft²
For sale

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Financing

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$100,000

Richmond Hill

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