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$1,268,000
Available - For Sale
Listing ID: N12627564
Rare investment opportunity! also can be vacant! 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.can be vacant too.
Price $1,268,000
Taxes: $6,416.31
Tax Type: Annual
Occupancy by: Tenant
Address: 10066 Bayview Avenue , Richmond Hill, L4C 0W5, York
Postal Code: L4C 0W5
Province/State: York
Directions/Cross Streets: Bayview/Major Mackenzie
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Category: Retail
Building Percentage: F
Total Area: 937
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Major Highway
Approximatly Age: 6-15
Maintenance: 0
Sprinklers: Yes
Clear Height Feet: 16
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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SUTTON GROUP-ADMIRAL REALTY INC.

10066 Bayview Avenue , Richmond Hill, L4C 0W5, York

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Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Commercial Retail
Area: York
Municipality: Richmond Hill
Neighbourhood: Crosby
Style:
Lot Size: x 60.75(Feet)
Approximate Age: 6-15
Tax: $6,416.31
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
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