Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$4,500,000
Available - For Sale
Listing ID: N9039322
305 Red Maple Rd , Richmond Hill, L4C 6P2, Ontario
| Discover a unique investment with this property, designated as NEIGHBORHOOD USE in the Official Plan. It is one of a couple of pockets of older, small-scale commercial/industrial uses in Richmond Hill where, over the long-term, the City of Richmond Hill expects the area to change to something more residential, as opportunities for redevelopment occur. Currently has 3 tenants, fully leased until March 2027. One Residential House with 2 bedrooms. One Warehouse with 2 units and 8000 SF. 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 house, providing the convenience of living where you work, perfect for streamlining daily routines. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures. |
| Extras: The adjacent land is also for sale N8477584 |
| Price | $4,500,000 |
| 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 |
| Financial Statement: | N |
| 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 |
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| RE/MAX ELITE REAL ESTATE |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Industrial |
| Area: | York |
| Municipality: | Richmond Hill |
| Neighbourhood: | South Richvale |
| Lot Size: | 200.00 x 165.16(Feet) |
| Tax: | $16,703.84 |
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