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$ 1,268,000
Est. payment /mo
New
10066 Bayview AVE #9 Richmond Hill, ON L4C 0W5
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Crosby
MLS Listing ID N12627564
Annual Tax Amount $6,416
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Rare investment opportunity! Exceptional fully leased commercial property at the high-traffic intersection of Bayview Avenue and Major Mackenzie Drive. Currently tenanted by a thriving Mediterranean restaurant, this space features high-end finishes, two bathrooms, stainless steel kitchen components, an 8-ft canopy hood, a tankless hot water system, and a fully equipped commercial setup. Located in a highly desirable area, the property offers excellent street exposure, ample parking, and great convenience - just a 5-minute walk to the Richmond Hill GO Station, with easy access to Highways 404 and 407, and a YRT transit stop nearby. The area's strong growth potential is further supported by Bayview Secondary School (3,000+ students) and a planned 10-storey, 244-unit residential development directly across from the unit, in the Walmart Plaza. This property combines stable rental income, great curb appeal, and tremendous upside for future appreciation - a rare gem in a booming location and the perfect addition to any investor's portfolio. The unit is rented for $5,900 + HST per month on a 5+5-year lease, starting November 2024.
Location
Province ON
County York
Area York
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Public Transit, Major Highway
Utilities Available Yes
Lot Frontage 15.5
Lot Depth 60.75
Building
Building Age 6-15
Others
Security Features Yes
ParcelsYN No
Listed by SUTTON GROUP-ADMIRAL REALTY INC.