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Renanza Realty
For sale

9 - 10066 BAYVIEW AVENUE

Richmond Hill (Crosby), Ontario

MLS® N13569130

$1,198,000

Status
Active
Property type
Retail
MLS® number
N13569130
Bedrooms
Bathrooms
2
Year built

Listing 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 summary

MLS® number
N13569130
Property type
Retail
Square footage
937 sq ft
Land size
Unit=15.5 x 60.75 FT
Annual property taxes
$6,416.31
Days on market
44 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Appliances
Water Heater - Tankless

What would this home cost you?

Based on the $1,198,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,574 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC., THORNHILL.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.