Discover a unique investment with this High-Performance Industrial (M-1(1)) zoned property, leased until March 2027. 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 2 bedroom house, providing the convenience of living where you work, perfect for streamlining daily routines or continuing to lease it out. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures. |
Price | $4,250,000 |
Taxes: | $16703.84 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 305 Red Maple Rd , Richmond Hill, L4C 6P2, Ontario |
Postal Code: | L4C 6P2 |
Province/State: | Ontario |
Legal Description: | Pt Lt 50 Pl 3806 And Pt Lt 51 Pl 3806 |
Lot Size: | 200.00 x 165.16 (Feet) |
Directions/Cross Streets: | Yonge Street & 16th Avenue |
Category: | Free Standing |
Building Percentage: | N |
Total Area: | 0.79 |
Total Area Code: | Acres |
Industrial Area: | 8400 |
Office/Appartment Area Code: | Sq Ft |
Sprinklers: | Y |
Rail: | N |
Clear Height Feet: | 16 |
Truck Level Shipping Doors #: | 5 |
Double Man Shipping Doors #: | 0 |
Drive-In Level Shipping Doors #: | 5 |
Grade Level Shipping Doors #: | 0 |
Heat Type: | Other |
Central Air Conditioning: | Y |
Sewers: | San Avail |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX ELITE REAL ESTATE |
|
Book Showing | Email a Friend |
Type: | Com - Industrial |
Area: | York |
Municipality: | Richmond Hill |
Neighbourhood: | South Richvale |
Lot Size: | 200.00 x 165.16(Feet) |
Tax: | $16,703.84 |