About Property
Exceptional Yonge Street Commercial Investment Opportunity! Well-managed and extensively renovated two-storey retail and professional office building located directly on Yonge Street in the heart of Richmond Hill. This high-exposure property offers strong rental income, established tenants, excellent street presence, and significant long-term investment and future development potential. The building features a distinctive modern exterior with large front patios facing Yonge Street, creating exceptional visibility along one of Richmond Hill's busiest commercial corridors. The property has undergone over $2.5 million in interior and exterior improvements and renovations and has been exceptionally well maintained. The building presents in excellent condition, allowing a new owner to acquire a substantially improved income-producing asset without the immediate need for major renovations. With its combination of high rental income, established tenants, Yonge Street frontage, extensive renovations, parking, accessibility, and future development potential, this property represents an outstanding opportunity for investors and owner-users. The layout may also be particularly well suited for medical, healthcare, professional, legal, financial, or other office uses, subject to applicable zoning and approvals. An excellentopportunity to acquire a high-income commercial property today while maintaining the potential for future redevelopment or intensification. Prime Richmond Hill location on the east side of Yonge Street, approximately one block north of Major Mackenzie Drive. The property benefits from outstanding exposure to Yonge Street traffic and is situated within an established commercial and residential area in the heart of Richmond Hill.
Property Facts
- Property Type: Commercial
- Property Subtype: Commercial Retail
- Heating Type: Other
- Cooling: No
- Region: Crosby
Features
No features listed.