#11 - 360 HIGHWAY 7, Richmond Hill, ON L4B 3Y7

Richmond Hill L4B 3Y7 Ontario

MLS: N12009557

$899,900

Added 5 hours ago | For Sale

Listed by: BAY STREET GROUP INC.

About Property

Exceptional Investment Opportunity in Prime Richmond Hill Location! Seize the chance to own a premium commercial retail unit situated at the bustling intersection of Highway 7 and Bayview Avenue. This 970 sq.ft. property boasts a newly secured 5-year lease with a high-quality tenant, including a 5-year renewal option. The tenant plans significant capital improvements, enhancing the property's value and appeal. Key features include an owned parking spot, ample additional parking adjacent to the underground parking exit, and proximity to new condominium developments, attracting a growing population to the area. The unit is fully equipped for restaurant use, featuring a comprehensive security system and low maintenance requirements. Located in the vibrant Doncrest neighborhood, this property offers excellent exposure and accessibility, making it an ideal investment for discerning buyers.

Features

  • House Style:Commercial Retail
  • Bathrooms:2
  • Land Size: 15 X 61
  • Water:Municipal
  • Garage Spaces: /Plaza
  • Driveway:
  • Heating Fuel:
  • Cross Street:HWY 7 / BAYVIEW AVE
  • Basement: ,
  • Possession Date:30/60/90
  • Annual Property taxes: $6011
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:N12009557

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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