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SaleCommercial Retail

10066 Bayview Avenue

Richmond Hill, ON L4C 0W5

Price

$1,198,000

Building Size

937 sq ft

MLS# N13569130 | Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Business Details

Property Use

Retail

Commercial Space & Financials

Retail Area

937 sq ft

Taxes (Annual)

$6,416.31

Industrial Specifications

Clear Height

16 ft

Lot Size

15.5' × 60.75'

Property Description

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 & Status History

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Location

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10066 Bayview Avenue, Richmond Hill L4C 0W5

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Listing Courtesy of: SUTTON GROUP-ADMIRAL REALTY INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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