L10 - 280 WEST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park), Ontario

$3,700,000

4,450 sq ft

MLS® N14141174

Great investment opportunity: a fully leased commercial retail condo located in a highly desirable, prime business area of Richmond Hill. It has high pedestrian and vehicular traffic with convenient access to neighbouring retail establishments, including renowned restaurants, hotels and banks. The retail plaza has ample parking, great Highway 7 exposure, two retail tenants (including a spa and cafe), and the units have been recently renovated with long leases and annual rent escalations. 5% Cap. (id:56426)

GRACE LAU

Listed by ELITE CAPITAL REALTY INC.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population: 11,789
Median household income: $123,567
Median home value: $1,117,595
Owner-occupied: 80%
Homes for sale: 64
Median list price: $862,944

Source: Statistics Canada 2021, LiveBy

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Payments on this property

Pre-filled with this listing’s asking price. Canadian semi-annual compounding, with CMHC default insurance added automatically under 20% down.

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We cover Orangeville, Mono, Caledon, Shelburne, the rest of Dufferin County and into Wellington County. Call us directly.

Residential Realtor

Karen McGuffin

(519) 216-1956

Or call Arden — (519) 806-0555

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