$4,500,000
 $24,157 forsale estimated payment Sourced by Back At You

305 Red Maple Road , Richmond Hill, ON L4C 6P2

Richmond Hill, ON L4C 6P2

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Description

Attentions Builder and Developer!!! Discover a unique investment with this property, designated as NEIGHBORHOOD USE in the Official Plan. It is one of a couple of pockets of older, small-scale commercial/industrial uses in Richmond Hill where, over the long-term, the City of Richmond Hill expects the area to change to something more residential, as opportunities for redevelopment occur. Currently has 3 tenants, fully leased until March 2027. One Residential House with 2 bedrooms. One Warehouse with 2 units and 8000 SF. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Adding to its appeal, the property includes a house, providing the convenience of living where you work, perfect for streamlining daily routines. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures.

Details

MlsN9305639
Listing TypeFor Sale
SubtypeResale
StatusNew
Days On Site86
Listing Provided ByRE/MAX ELITE REAL ESTATE | Not Provided

Features

Beds2
Baths1
BasementY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 4 minutes ago
StateON
CountyYork
CityRichmond Hill
Zip CodeL4C 6P2
AreaSouth Richvale
Listing VS Median (in L4C 6P2)
Price:
$4,500,000
low | high
Med:
$0
On Site:
86
low | high
Med:
Sourced by Back At You
Listing Updated: November 29, 2024 at 4:12:52 PM PST