305 Red Maple Road Richmond Hill (South Richvale), Ontario L4C 6P2
$4,500,000
Discover a unique investment with this High-Performance Industrial (M-1(1)) zoned property, leased until March 2027. 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 2 bedroom house, providing the convenience of living where you work, perfect for streamlining daily routines or continuing to lease it out. 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 (id:27910)
Property Details
| MLS® Number | N9039322 |
| Property Type | Industrial |
| Community Name | South Richvale |
Building
| CoolingType | Fully Air Conditioned |
| HeatingType | Other |
| SizeInterior | 0.79 Ac |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 165 Ft ,1 In |
| SizeFrontage | 200 Ft |
| SizeIrregular | 200 X 165.16 Ft |
| SizeTotalText | 200 X 165.16 Ft |
| ZoningDescription | M1 Industrial |
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September 16 2024 04:02:32
Toronto Real Estate Board
RE/MAX Elite Real Estate