2 Bathroom
937 ft2
Fully Air Conditioned
Forced Air
$1,268,000
Rare investment opportunity! Exceptional fully leased commercial property at the high-traffic intersection of Bayview Avenue and Major Mackenzie Drive. Currently tenanted by a thriving Mediterranean restaurant, this space features high-end finishes, two bathrooms, stainless steel kitchen components, an 8-ft canopy hood, a tankless hot water system, and a fully equipped commercial setup. Located in a highly desirable area, the property offers excellent street exposure, ample parking, and great convenience - just a 5-minute walk to the Richmond Hill GO Station, with easy access to Highways 404 and 407, and a YRT transit stop nearby. The area's strong growth potential is further supported by Bayview Secondary School (3,000+ students) and a planned 10-storey, 244-unit residential development directly across from the unit, in the Walmart Plaza. This property combines stable rental income, great curb appeal, and tremendous upside for future appreciation - a rare gem in a booming location and the perfect addition to any investor's portfolio. The unit is rented for $5,900 + HST per month on a 5+5-year lease, starting November 2024. (id:50976)
Property Details
|
MLS® Number
|
N12627564 |
|
Property Type
|
Retail |
|
Community Name
|
Crosby |
|
Amenities Near By
|
Public Transit, Highway |
Building
|
Bathroom Total
|
2 |
|
Age
|
6 To 15 Years |
|
Appliances
|
Water Heater - Tankless |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
937 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Highway |
|
Size Depth
|
60 Ft ,9 In |
|
Size Frontage
|
15 Ft ,6 In |
|
Size Irregular
|
Unit=15.5 X 60.75 Ft |
|
Size Total Text
|
Unit=15.5 X 60.75 Ft |
|
Zoning Description
|
Commercial |
https://www.realtor.ca/real-estate/29180402/9-10066-bayview-avenue-richmond-hill-crosby-crosby
