Overview

This industrial property in Richmond Hill is for sale offering roughly 1,607 sq ft of space. It has been on the market 1 day, fresher than the Richmond Hill average of 82 days.

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Description

Versatile Industrial Office Unit Offering A Functional Blend Of Warehouse And Office Space In A Highly Accessible Location. Total Main-Level Area Of 1,607 Sq. Ft., Featuring A Front Office Portion, Industrial Workspace, And A Drive-In Garage Door For Convenient Loading And Operations. The Unit Includes Two Bathrooms: A 2-Piece Washroom On The Main Level And A 3-Piece Washroom On The Mezzanine Level. A Kitchen Area Is Located On The Main Floor, Ideal For Staff Use. An Additional Approx. 1,000 Sq. Ft. Mezzanine Provides Flexible Space Suitable For Office, Storage, Or Light Use (Not Included In Total Square Footage). Property Benefits From Ample On-Site Parking, Security Bars On Windows And Doors, And Strong Exposure With Excellent Drive-By Traffic. Conveniently Located Near Highway 404 And Highway 7, With Close Proximity To Public Transit, Restaurants, And Amenities. Ideal For A Wide Range Of Industrial, Service, Or Office-Warehouse Users Seeking Functionality, Security, And Accessibility. (id:66096)

Property Details

MLS®: N14154238
Property Type: Industrial
Zoning: Industrial
Bathrooms: 2
Interior Size: 1,607 ft²
Heating: Forced air, Natural gas
Cooling: Partially air conditioned, Fully air conditioned
Garage: Other
Property Tax: $6,580.98/yr
Listed: Yesterday

Market Timing

Days on market

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

82d

Price / ft²

$621

List price

$998K

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) has been listed for 1 day, which is 81 days fresher than the city average of 82. Act while there is still low competition.

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Area context

Neighbourhood profile (L4B)

This home lists at $998,000, about 10.3× the local median household income of $97,000.

Carrying it typically needs a household income of about $194,944 (20% down, 25-yr amortization, stress-tested) — roughly 101% 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)

$998,000· $621/ft²

For sale

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Description

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Market Timing

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Neighbourhood profile (L4B)

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