$2,650,000Asking Price
A truly unique and highly advantageous investment in the heart of Richmond Hill. Currently operating as a Dental Office & Denture Centre with 3 additional private residential apartments. Zoning allows for a versatile array of uses for main floor office space. Modern layout and high quality finishes throughout. No need to deal with below market rents since residential units are readily vacant and meticulously taken care of. Tremendous upside potential for savvy investors offering a 5.21% cap rate at full capacity. Alternatively, the ideal investment for professionals seeking to open their own practice benefiting with a combined work and live-in space. Stand out in your industry as you mitigate overhead operating costs while maximizing the rental income potential. Drastically eliminate your commute time while increasing efficiency and quality of life. Convenient location with simple public transit accessibility. Strategic corner lot allows for enhanced visibility for high foot traffic directly off Yonge St. Private driveway allows for 12 vehicle parking spaces in tandem with the potential to expand. Oversized garage allows for additional parking / storage space or possible conversion. Truly an exceptional opportunity to enhance your real estate portfolio and fast track your success!
A truly unique and highly advantageous investment in the heart of Richmond Hill. Currently operating as a Dental Office & Denture Centre with 3 additional private residential apartments. Zoning allows for a versatile array of uses for main floor office space. Modern layout and high quality finishes throughout. No need to deal with below market rents since residential units are readily vacant and meticulously taken care of. Tremendous upside potential for savvy investors offering a 5.21% cap rate at full capacity. Alternatively, the ideal investment for professionals seeking to open their own practice benefiting with a combined work and live-in space. Stand out in your industry as you mitigate overhead operating costs while maximizing the rental income potential. Drastically eliminate your commute time while increasing efficiency and quality of life. Convenient location with simple public transit accessibility. Strategic corner lot allows for enhanced visibility for high foot traffic directly off Yonge St. Private driveway allows for 12 vehicle parking spaces in tandem with the potential to expand. Oversized garage allows for additional parking / storage space or possible conversion. Truly an exceptional opportunity to enhance your real estate portfolio and fast track your success!
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Foyer | Main | 11.65' x 8.66' | Wainscoting, 2-PieceBath, Ceramic Floor |
2 | Kitchen | Main | 9.12' x 12.14' | Double Sink, Laminate, Window |
3 | Living Room | 2nd | 16.93' x 19.23' | Vaulted Ceiling, Ceiling Fan, Open Concept |
4 | Primary Bedroom | 2nd | 16.11' x 13.78' | Walkout To Balcony, 4-PieceBath, Hardwood Floor |
5 | Loft | 3rd | 33.66' x 10.70' | Skylight, Broadloom, Open Concept |
6 | Bedroom | Lower | 24.51' x 11.98' | Eat-In Kitchen, 3-PieceBath, Laminate |
7 | Bedroom | Lower | 16.50' x 8.96' | Open Concept, Combined W/Kitchen, Laminate |
1 2-Piece Bathroom on Main Floor | ||||
1 1-Piece Bathroom on 2nd Floor | ||||
1 3-Piece Bathroom on 2nd Floor | ||||
1 4-Piece Bathroom on 2nd Floor | ||||
2 3-Piece Bathrooms in Basement |
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Mill Pond, Richmond Hill is a north GTA neighbourhood notable for its singles, renters, executives and business and education, law & public sector professionals. It has a higher than average population of Italian and Russian speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74.
Kids Per Family
kids per family
in the neighbourhood.
single and loving it.
are renters.
university grads.
Average Household Income
is the average household
income in the neighbourhood.
Professions
Business | 12% |
Sales | 12% |
Management | 11% |
Government | 9% |
Sciences | 7% |
born outside of Canada.
All-time
Recent
Foreign Languages
Persian | 10% |
Russian | 6% |
Mandarin | 5% |
Italian | 5% |
Cantonese | 2% |
Religions
Christian | 57% |
Jewish | 12% |
Muslim | 9% |
Hindu | 2% |
Buddhist | 1% |