Overview

This industrial property in Richmond Hill is for sale offering roughly 1,649 sq ft of space. It has been on the market 8 days, fresher than the Richmond Hill average of 83 days.

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Description

Well-located 1,649 sq ft office/warehouse condo unit in the prestigious Beaver Creek BusinessPark, Richmond Hill. Approx. 95% finished office space: glass vestibule entrance, reception, 5private offices, showroom/boardroom and large kitchenette, with porcelain tile and laminatefloors. Rear warehouse with drive-in loading door, 16 ft clear height and metal storage racks.Handicap-accessible washroom, wired for internet, A/C and sprinklered. MC-1 zoning allows awide range of office, professional, wholesale and light industrial uses (buyer to verifypermitted use). Outside signage and ample surface parking. Minutes to Hwy 7, 404 and 407 andpublic transit. An excellent opportunity for owner-users and investors alike. (id:66096)

Property Details

MLS®: N14122542
Property Type: Industrial
Business Type: Industrial
Zoning: MC-1
Bathrooms: 1
Interior Size: 1,649 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $5,954.52/yr
Listed: 8 days ago

Market Timing

Days on market

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

83d

Price / ft²

$599

List price

$988K

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 8 days, which is 75 days fresher than the city average of 83. Act while there is still low competition.

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Area context

Neighbourhood profile (L4B)

This home lists at $988,000, about 10.2× the local median household income of $97,000.

Carrying it typically needs a household income of about $192,991 (20% down, 25-yr amortization, stress-tested) — roughly 99% 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)

$988,000· $599/ft²

For sale

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#28 35 West Pearce Street, Richmond Hill (Beaver Creek Business Park) - Industrial for Sale

Description

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Market Timing

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Neighbourhood profile (L4B)

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