$1,268,000
Available - For Sale
Listing ID: N12627564
10066 Bayview Avenue , Richmond Hill, L4C 0W5, York
| Rare investment opportunity! 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. |
| Price | $1,268,000 |
| Taxes: | $6416.31 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 10066 Bayview Avenue , Richmond Hill, L4C 0W5, York |
| Postal Code: | L4C 0W5 |
| Province/State: | York |
| Directions/Cross Streets: | Bayview/Major Mackenzie |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Building Percentage: | F |
| Total Area: | 937.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Major Highway |
| Approximatly Age: | 6-15 |
| Sprinklers: | Yes |
| Washrooms: | 2 |
| Clear Height Feet: | 16 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| SUTTON GROUP-ADMIRAL REALTY INC. |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | York |
| Municipality: | Richmond Hill |
| Neighbourhood: | Crosby |
| Approximate Age: | 6-15 |
| Tax: | $6,416.31 |
| Baths: | 2 |
| Fireplace: | N |
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