This retail property in Richmond Hill is for sale offering roughly 570 sq ft of space. It has been on the market 57 days, fresher than the Richmond Hill average of 62 days.

Description

Prime Retail Location In The Heart Of Richmond Hill Commercial Unit Facing Yonge St. High Traffic, Visitors Parking, Back Side Door , Public Transportation, Busy commercial Plaza Across the Street. Current Tenant with month to month lease and will vacate on closing. (id:66096)

Property Details

MLS®: N13751380
Property Type: Retail
Zoning: Commercial
Bathrooms: 1
Interior Size: 570 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $8,025/yr
Listed: 57 days ago

Market Timing

Days on market

57d

Richmond Hill (North Richvale) listings, avg age

62d

Price / ft²

$963

List price

$549K

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 retail in Richmond Hill (North Richvale) has been listed for 57 days, which is 5 days fresher than the city average of 62. Act while there is still low competition.

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Area context

Neighbourhood profile (L4C)

This home lists at $549,000, about 6.4× the local median household income of $86,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.

Median household income: $86,000
Population: 74,636
Median age: 46
Owner / renter: 70% / 30%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA L4C)

$549,000· $963/ft²

For sale

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Financing

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#5 9610 Yonge Street, Richmond Hill (North Richvale) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L4C)

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