Overview

This industrial property in Richmond Hill is for sale offering roughly 1,033 sq ft of space.

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Description

Prime commercial condo unit in the heart of Richmond Hill's highly sought-after Beaver Creek Business Park. Featuring impressive 17-foot clear ceiling height, this versatile commercial space offers excellent flexibility for a wide range of retail, office, showroom, professional, service, and commercial uses (buyer to verify permitted uses). Approx. 1,033 sq.ft. with excellent exposure and convenient access to Highways 404, 407, and Leslie Street. Vacant possession available, making it ideal for both owner-users and investors. Low monthly condo fees, ample surface parking, and a well-maintained commercial complex surrounded by established businesses and amenities. A rare opportunity to own commercial real estate in one of the GTA's most desirable business locations.Offer Remarks (id:66096)

Property Details

MLS®: N13654058
Property Type: Industrial
Zoning: M1
Interior Size: 1,033 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $4,244/yr
Listed: 88 days ago

Market Timing

Days on market

88d

Richmond Hill (Beaver Creek Business Park) listings, avg age

83d

Price / ft²

$666

List price

$688K

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 industrial 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?

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Area context

Neighbourhood profile (L4B)

This home lists at $688,000, about 7.1× the local median household income of $97,000.

Carrying it typically needs a household income of about $134,390 (20% down, 25-yr amortization, stress-tested) — roughly 39% above 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)

$688,000· $666/ft²

For sale

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Financing

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#1 95 East Beaver Creek Road, Richmond Hill (Beaver Creek Business Park) - Industrial for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (L4B)

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