$1,590,000

For sale

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#3 85 West Wilmot Street, Richmond Hill (Beaver Creek Business Park) - Industrial for Sale

#3 85 West Wilmot Street, Richmond Hill (Beaver Creek Business Park), Ontario, L4B1K7

3 baths4 parking2,800 ft²Listed 86 days ago

Overview

This industrial property in Richmond Hill is for sale offering roughly 2,800 sq ft of space.

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Description

Rare opportunity to position your business for success in the prestigious West Beaver Creek Business Park. Luxury turnkey professional recording studio & creative space! This luxury unit offers approximately 2800 sqft of prime space across two levels. The first floor is purpose-built for music production and features a professionally audio engineered recording studio with dedicated vocal rooms, making it an ideal space for artists, producers, content creators, creatives, and media companies. The second floor has a separate entrance and offers a spacious open concept creative space with the flexibility to accommodate a variety of uses. M1 High Performance Industrial zoning. Includes 4 exclusive parking spaces and convenient access to Highways 404 & 407. A unique opportunity to acquire a turnkey creative and recording environment without the time and expense of building a professional studio from scratch. (id:66096)

Property Details

MLS®: N13665012
Property Type: Industrial
Zoning: M1 High Performance Industrial
Bathrooms: 3
Parking: 4
Interior Size: 2,800 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $6,347/yr
Listed: 86 days ago

Features

Appliances: Window Coverings

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

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

82d

Price / ft²

$568

List price

$1.59M

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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Listed by RIGHT AT HOME REALTY · KAM KERACHI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4B)

This home lists at $1,590,000, about 16.4× the local median household income of $97,000.

Carrying it typically needs a household income of about $310,583 (20% down, 25-yr amortization, stress-tested) — roughly 220% 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)

$1,590,000· $568/ft²

For sale

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Financing

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