$1,200,000

For sale

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#B104 11685 Yonge Street, Richmond Hill (Jefferson) - Retail for Sale

#B104 11685 Yonge Street, Richmond Hill (Jefferson), Ontario, L4E0K7

1 bath1,089 ft²Listed 51 days ago

Overview

This retail property in Richmond Hill is for sale offering roughly 1,089 sq ft of space.

Retail Space for Sale in Richmond Hill →All real estate in Richmond Hill →

Description

Exceptional Street-Level Retail Store And Commercial Condominium Opportunity In Richmond Hill's Highly Sought-After Jefferson Community! Ideally Located On Yonge Street, This Beautifully Designed And Professionally Finished Retail Unit Offers Approximately 1,080 Sq. Ft. Of Functional Space, Including A Versatile And Fully Usable Mezzanine. Featuring A Modern Storefront, Stylish Interior, One Washroom And A Convenient Rear Entrance, The Unit Is Well Suited For A Wide Range Of Retail, Professional And Service-Oriented Uses. Surrounded By Established Residential Neighbourhoods, New Developments, Local Businesses And Everyday Amenities In A Growing Commercial Corridor. An Excellent Opportunity For Business Owners, Retailers And Investors Seeking A Move-In-Ready Commercial Condo In A Prime Richmond Hill Location. (id:66096)

Property Details

MLS®: N13790172
Property Type: Retail
Business Type: Personal Services
Zoning: COMMERCIAL RETAIL
Bathrooms: 1
Interior Size: 1,089 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $9,035.88/yr
Listed: 51 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

51d

Richmond Hill (Jefferson) listings, avg age

34d

Price / ft²

$1,102

List price

$1.20M

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

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Listed by CENTRAL HOME REALTY INC. · FARSHAD SHAKIBI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $1,200,000, about 9.4× the local median household income of $127,000.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 85% above the area median.

Median household income: $127,000
Population: 54,606
Median age: 40.4
Owner / renter: 87% / 13%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4E)

$1,200,000· $1,102/ft²

For sale

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Financing

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