January 21, 2021  

$925,000

For Sale
 
MLS® No:
N5082040
Intersection:
Highway 7 & Leslie St
Community:
Beaver Creek Business Park
Address:
550 Highway 7 St E, 225-228, Richmond Hill, Ontario, Canada, L4B 3Z4
  • N5082040 photo
  • N5082040 photo
  • N5082040 photo
  • N5082040 photo
  • N5082040 photo
  • N5082040 photo
  • N5082040 photo
  • N5082040 photo
  • N5082040 photo

Features

Property Type:
Investment
Approximate Square Footage:
2345Sq Ft
Annual Property Taxes (estimate):
$14,956.7 / 2020 Tax Year Annual
Maintenance Fee:
$42,996.12
Garage Type:
Underground
#Parkings:
2
Heat Type:
Gas Forced Air Closd
Sprinklers:
Y
Central AC:
Y
Zoning:
Commercial
One Of The Best Spots On The Second Floor. Exposure To The Intersection Of Highway 7 & Leslie With Approximately 80, 000 Cars Per Day. Accessibility To The Unit With Escalator And Elevator. Purchase As An Investment Or Vacant And Use It For Your Own Business. Leased To April 30, 2021, For $21 Per Sf, Triple Net Lease With The Tenant Willing To Stay Long Term (Currently 5. 3% Cap Rate With The Option To Increase). High Demand Times Square Complex.
Incredible Build-Out Completed With Exposed Ceiling And Decor. Currently Designed As A Salon & Spa Studio With 20 Styling Chairs And 5 Washing Stations. In-Suite Washroom And The Possibility To Add Services.
Listing Contracted With: Royal Lepage Your Community Realty, Brokerage (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Century 21 President Realty Inc., BROKERAGE, Independently Owned & Operated