A truly unique and highly advantageous investment in the heart of Richmond Hill. Currently operating as a Dental Office & Denture Centre with 3 additional private residential apartments. Zoning allows for a versatile array of uses for main floor office space. Modern layout and high quality finishes throughout. No need to deal with below market rents since residential units are readily vacant and meticulously taken care of. Tremendous upside potential for savvy investors offering a 5.21% cap rate at full capacity. Alternatively, the ideal investment for professionals seeking to open their own practice benefiting with a combined work and live-in space. Stand out in your industry as you mitigate overhead operating costs while maximizing the rental income potential. Drastically eliminate your commute time while increasing efficiency and quality of life. Convenient location with simple public transit accessibility. Strategic corner lot allows for enhanced visibility for high foot traffic directly off Yonge St. Private driveway allows for 12 vehicle parking spaces in tandem with the potential to expand. Oversized garage allows for additional parking / storage space or possible conversion. Truly an exceptional opportunity to enhance your real estate portfolio and fast track your success!
Extras
1st Floor fully equipped dental office designed to accommodate wide range of dental services. 2nd Floor apartment: spacious 3 bed unit w/ massive loft. Basement: 1 bed & bachelor unit. All 4 units feature functional privacy. 3938 sqft total
LT 46 PL 5151 RICHMOND HILL ; S/T RH13721 RICHMOND HILL
Possession Date
TBA
Taxes (2024)
$9,345.46
Directions/Cross Streets
Yonge & Elgin Mills
Neighbourhood
Mill Pond
Area
York
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Fronting On
W
Link
N
Special Designations
Unknown
Bedrooms
4+2
Bathrooms
6
Rooms
10+4
Kitchens
4
Lot
114.29 x 49.68 ft
Exterior
Brick
Air Conditioning
Central Air
Family Room
Y
Fireplace/Stove
Y
Pool
None
Laundry Level
Upper
Basement
Apartment, Sep Entrance
Drive
Private
Garage Spaces
2.0
Garage Type
Built-In
Parking Spaces
12
Total Parking Spaces
14.0
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewers
Utilities-Hydro
Y
Utilities-Gas
Y
Utilities-Cable
A
Utilities-Telephone
Y
Water
Municipal
Zoning
R2
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Foyer
Main
3.55 m x 2.64 m(11.65 ft x 8.66 ft)
Wainscoting, 2 Pc Bath, Ceramic Floor
Kitchen
Main
2.78 m x 3.7 m(9.12 ft x 12.14 ft)
Double Sink, Laminate, Window
Living
2nd
5.16 m x 5.86 m(16.93 ft x 19.23 ft)
Vaulted Ceiling, Ceiling Fan, Open Concept
Prim Bdrm
2nd
4.91 m x 4.2 m(16.11 ft x 13.78 ft)
W/O To Balcony, 4 Pc Bath, Hardwood Floor
Loft
3rd
10.26 m x 3.26 m(33.66 ft x 10.7 ft)
Skylight, Broadloom, Open Concept
Br
Lower
7.47 m x 3.65 m(24.51 ft x 11.98 ft)
Eat-In Kitchen, 3 Pc Bath, Laminate
Br
Lower
5.03 m x 2.73 m(16.5 ft x 8.96 ft)
Open Concept, Combined W/Kitchen, Laminate
Bathrooms
Pieces
Level
2
Main
1
2nd
3
2nd
4
2nd
3
Bsmt
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.