328 Highway 7 E
Richmond Hill, L4B3P7
UNAVAILABLE
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Commercial Condo
CATEGORY3,526 Sq Ft
TOTAL AREAN4269186
MLSIDContact Us
Property Description
Excellent Exposure Corner Unit Facing Hwy 7. The Best Unit In The Well Established Plaza With A Variety Mix Of Bank, Super Market, Retails, Travel Agency, Medical Office And Professional Offices. Outstanding Investment Property With Potential Net Rental Income At $41Psf/Annum With Escalation At 3% Annually Plus $750 Monthly Parking Rental In The Total Annual Income Of Net Rent Of $153,566 At About 6.2% Cap Rate Return.
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Extras
Price Includes 5 Underground Parking Space ( Legal Unit 99,100,101,102 & 103 Level A). Appraisal Report Available For Review Upon Request. Complete Set Up And Improvements Worth More Than $450,000 Suitable For Variety Of Restaurant
Property Details
Category
Commercial Condo
Usage
Hospitality/Food Related
Zoning
Commercial
Total Area
3,526 Sq Ft
Retail Area
3,526 Sq Ft
Taxes
$18,379 (2018)
Washrooms
3
Air Conditioning
Yes
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Listing contracted with Visar Realty Inc., Brokerage
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