1071 Richmond Road
6001 - Woodroffe / Woodroffe, ON K2B 6R2
About This Property
This four-storey commercial building totaling 19,260 sq ft is well-located on Richmond Road, just steps from the upcoming New Orchard LRT station. The property benefits from excellent connectivity, with close proximity to the Kichi Zibi Mikan Parkway and convenient access to Highway 417. Zone TM - Traditional Mainstreet, the site permits a wide range of commercial uses and offers strong long-term flexibility. The property is being offered with a sale-leaseback, with lease terms to be negotiated, providing purchasers with immediate stabilized income and long-term redevelopment potential. Combined with its transit-oriented location and established urban setting, the property presents compelling future redevelopment potential.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12713468
Listed by COLLIERS
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$21,974
/month · $3,600,000 mortgage
Amortization
Total Interest
$2,992,228
Total Cost
$6,592,228
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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COLLIERS