Rare Investment Opportunity! Exceptional fully leased commercial property at the high-traffic intersection of Bayview and Major Mackenzie. Currently tenanted by a thriving Mediterranean restaurant, the 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 setup. Located in a highly desirable area, the property offers excellent street exposure and convenience. Its a 5-minute walk to Richmond Hill GO Station, with easy access to highways 404 and 407, and a YRT transit stop nearby. Bayview Secondary School (3,000+ students) and a planned 10-story, 244-unit residential development further enhance its long-term growth potential. This property combines stable rental income, excellent curb appeal, ample parking, and tremendous upside for future appreciation. A rare gem in a booming location, its the perfect addition to any investors portfolio. Don't miss this opportunity!!
MLS# | N9386198 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Price Change |
Days On Site | 205 |
Listing Provided By | SUTTON GROUP-ADMIRAL REALTY INC. | N9386198 079901 |
Bath(s) | 2 |
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SQ Feet | 937 |
Acreage | 0.02 |
Province | ON |
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Region | York |
City | Richmond Hill |
Postal Code | L4C 0W5 |
Area | Crosby |
Listing VS Median (in L4C 0W5) | |
Price: $1,358,000 low | high Med: $681,800 SqFt: 937 low | high Med: 860 $ / SqFt: $1,449 low | high Med: $728 On site: 205 low | high Med: 113.000000 |