Overview

This office property in Richmond Hill is for sale offering roughly 746 sq ft of space. It has been on the market 75 days, fresher than the Richmond Hill average of 84 days.

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Description

Professional office in prime Richmond Hill Location, suitable for all kind of office use. Prestigious Time Square In The Heart Of Richmond Hill. Lots Of surface and underground parking. Steps To Hotels, Restaurants, Banks, Shopping. Public Transit at door steps. Easy access to Hwy 404/407. Total area is 746 sq.ft, Unit 328 278 sq.ft and Unit 331 468 sq.ft. (id:66096)

Property Details

MLS®: N13702034
Property Type: Office
Business Type: Other
Zoning: Commercial Office
Parking: 2
Interior Size: 746 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $5,759.95/yr
Listed: 75 days ago

Market Timing

Days on market

75d

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

84d

Price / ft²

$450

List price

$336K

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 office in Richmond Hill (Beaver Creek Business Park) has been listed for 75 days, which is 9 days fresher than the city average of 84. Act while there is still low competition.

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Area context

Neighbourhood profile (L4B)

This home lists at $336,000, about 3.5× the local median household income of $97,000.

Carrying it typically needs a household income of about $65,633 (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)

$336,000· $450/ft²

For sale

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Financing

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#328 & 331 550 Highway 7 East, Richmond Hill (Beaver Creek Business Park) - Office for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L4B)

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