11 - 360 Highway 7 E Richmond Hill (Doncrest), Ontario L4B 3Y7
$899,900
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. (id:55499)
Property Details
| MLS® Number | N12009557 |
| Property Type | Retail |
| Community Name | Doncrest |
Building
| Bathroom Total | 2 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 970 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 61 Ft |
| Size Frontage | 15 Ft |
| Size Irregular | Unit=15 X 61 Ft |
| Size Total Text | Unit=15 X 61 Ft |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/28001311/11-360-highway-7-e-richmond-hill-doncrest-doncrest
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April 12 2025 11:33:42
Toronto Real Estate Board
Bay Street Group Inc.