372 Hwy 7 N/A Unit 120
Richmond Hill, ON L4B 0C6
About This Property
Prime ground floor retail unit at the sought after Royal Gardens community! Spacious 505 sq.ft. w/exceptional street exposure on one of Richmond Hill's busiest corridors, surrounded by high density residential customer base. Ample surface parking right at the front door & one private underground parking space included. Currently leased to high-end fashion showroom, lease can be assumed at attractive 5% cap rate or seller can buyout the lease, perfect for investors seeking stable cash flow or business operators. Ideal location w/ high pedestrian & vehicle traffic, unbeatable access to YRT, GO Transit, Hwy 401, and Hwy 404. Rare opportunity to own a premium commercial unit in a thriving mixed-use community!
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N12613022
Listed by KW Living Realty
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
$2,437
/month · $399,200 mortgage
Amortization
Total Interest
$331,805
Total Cost
$731,005
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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KW Living Realty