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For Sale

10066 Bayview Avenue 9, Richmond Hill, ON L4C 0W5

$1,198,000

  • 2 Bathrooms
  • Commercial Retail
  • MLS® N13569130

Listing Brokerage: SUTTON GROUP-ADMIRAL REALTY INC.

Description

Rare investment opportunity! also can be vacant! 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.can be vacant too.

Property details

MLS® number
N13569130
Transaction
For Sale
Property type
Commercial
Style / use
Commercial Retail
Community
Crosby
City
Richmond Hill
Bathrooms
2
Building area
937 Square Feet
Lot width
15.5 Feet
Lot depth
60.75 Feet
Approximate age
6-15
Heating
Gas Forced Air Open
Cooling
Yes
Garage
Plaza
Taxes
$6,416.31
Tax year
2025
Retail area
937
Clear height (ft)
16
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

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