1 Spadina Rd
Richmond Hill, L4B3M2
UNAVAILABLE
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Retail
CATEGORY987 Sq Ft
TOTAL AREAN4006831
MLSIDContact Us
Property Description
Excellent Investment Opportunity In Richmond Hill. Well Established Plaza In Bayview Hill Anchored On Bmo With Well Balance Tenant Mix Including Dental Office, Restaurant And Retail Stores.
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Extras
Net Rent Of $ 34 Per Sq.Ft./Yr. With Escalations Up To $ 36 In 5th Yr. Lease Until 2023. All Expenses Are Paid By The Tenant. Net Cap Rate Of 5.6 To 6% Cash On Cash!!! Well Established Business 12 Years At Same Location.
Property Details
Category
Retail
Usage
Other
Zoning
Commercial
Total Area
987 Sq Ft
Retail Area
987 Sq Ft
Taxes
$49,994 (2017)
Air Conditioning
Yes
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Listing contracted with Homelife Frontier Realty Inc., Brokerage
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