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Mehdi Teimouri

Broker
Right At Home Realty, Brokerage Independently owned and operated. 1550 16 ave, Richmond Hill , Ontario L4b 3k9 Cell: 647-989-2641Office: 905-695-7888Fax: 905-695-0900

$218,000
Available - For Sale
Listing ID: N11919188
670 Highway 7 Rd East , Unit 12, Richmond Hill, L4B 3P2, Ontario


Current tenant will leave. Rental option $2500 net rent + TMI. Restaurant Property for Sale: A 423-square-foot food court unit located in the Shoppes of the Parkway, adjacent to the Sheraton Hotel in the heart of Richmond Hill town center. This property benefits from extensive underground parking shared with the hotel, with additional outdoor parking available. Conveniently accessible from City Hall and directly connected to the food court, this space offers high visibility and foot traffic. The current tenant, a Korean fried chicken restaurant, has a lease that ends in two months. Tenants will move out on or before April 30 2025. This is a prime opportunity to start your own restaurant or lease the space for a strong return on investment. The unit is equipped with a commercial hood fan and a sprinkler system.
Price $218,000
Taxes: $2200.00
Tax Type: Annual
Occupancy by: Tenant
Address: 670 Highway 7 Rd East , Unit 12, Richmond Hill, L4B 3P2, Ontario
Apt/Unit: 12
Postal Code: L4B 3P2
Province/State: Ontario
Directions/Cross Streets: 404/Highway 7
Category: Commercial Condo
Use: Hospitality/Food Related
Building Percentage: N
Total Area: 420.00
Total Area Code:  Sq Ft
Retail Area: 420
Retail Area Code: Sq Ft
Area Influences: Major Highway   Rec Centre
Financial Statement: N
Chattels: Y
Franchise: N
Sprinklers: Y
Truck Level Shipping Doors #: 2
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP
Personal Picture
Mehdi Teimouri
Broker
Dir:
647-989-2641
Bus:
905-695-7888
Fax:
905-695-0900
 
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At a Glance:
Type: Com - Commercial/Retail
Area: York
Municipality: Richmond Hill
Neighbourhood: Beaver Creek Business Park
Style:
Lot Size: 0.00 x 0.00(Feet)
Approximate Age:
Tax: $2,200
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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