Description

Excellent opportunity to own a bright and spacious 918 sq. ft. commercial office unit in a professional setting, Ideally Located On Yonge Street. Featuring a highly functional open-concept layout, a large boardroom, and two bathrooms, including one accessible/handicap bathroom, as well as Convenient Rear Entrance, The bright interior provides a comfortable and professional environment for employees and clients, while the flexible open layout can easily accommodate a variety of office configurations. Abundant parking adds exceptional convenience for staff, clients, and visitors. (id:66096)

Property Details

MLS®: N13852138
Property Type: Retail
Business Type: Service
Zoning: Commercial/Retail
Interior Size: 918 ft²
Frontage: 15 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $9,203.54/yr
Listed: 34 days ago

Features

Appliances: Window Coverings

Services

Water: Municipal water
Sewer: Storm sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Richmond Hill (Jefferson) listings, avg age

33d

Price / ft²

$967

List price

$888K

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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Area context

Neighbourhood profile (L4E)

This home lists at $888,000, about 7.0× the local median household income of $127,000.

Carrying it typically needs a household income of about $173,457 (20% down, 25-yr amortization, stress-tested) — roughly 37% 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)

$888,000· $967/ft²

For sale

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Financing

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#B108 11685 Yonge Street, Richmond Hill (Jefferson) - Retail for Sale