$478,000
FOR SALE

Commercial/Retail

Total Area: 1,392 ft2
2023 Taxes: $4,360

670 Highway 7 E #46 -48
Richmond Hill, ON L4B 3P2 | Beaver Creek Business Park | York

Investment opportunity - 6.4% cap rate - 3 units (1392sqft- verified by MPAC) joined together for large footprint in mall. Sold together as one transaction. Fantastic opportunity for a turnkey commercial investment in a very well established Professional Business Centre in Beaver Creek Industrial Area of Richmond Hill. Long term medical services tenant (all units under one lease) has 2 years remaining on lease with escalations + 3 year option. Truly a Care-Free investment (Owner retiring from Rental Business and can take offers anytime). Units have front and rear doors which lead to a hallway and shipping area to the outside. 2 washrooms in the units. - Unit 46-521 sqft, Unit 47-480 sqft, Unit 48-391 sqft - 24 hours to view property.
Extras
pot lights, glass panel doors
Share
Listed By COLDWELL BANKER THE REAL ESTATE CENTRE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N8260562
Last Updated Apr 27, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Use Service Related
Category Commercial Condo
PIN 031250124
Occupancy Tenant
Possession Date 30-60
Taxes (2023) $4,360
Tax Type Annual
Commercial Condo Fees $2,976
Directions/Cross Streets East Beaver Creek At Hwy 7
Neighbourhood Beaver Creek Business Park
Area York
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Retail Area 1,392 ft2
Total Area 1,392 ft2
Approximate Age 16-30
Elevator Public
Air Conditioning Y
Basement N
Chattels N
Garage Type Covered
Heat Type Gas Forced Air Open
Financial Statement N
Outside Storage N
Sprinklers Y
Sewers Sanitary
Utilities Y
Water Municipal
UFFI No
Crane N
Survey N
Lot/Bldg/Unit Code Unit
Zoning commercial
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)