Incredible Investment Opportunity In Prime Location Of Downtown Richmond Hill, Crosby Community. Perfectly Shaped Lot, Approximately 0.90 Acres With A 6,000 Square Foot Building Close To Yonge Street. The Property Has Many Permitted Uses And It Surrounded By Apartment Buildings, Detached Homes, Townhomes, Public Parks, Restaurants, Retail Establishments, Churches, Community Services, Shopping Plazas, Schools And Public Transportation. Walking Distance To Yonge Street And All Public Amenities. Great Re-Development Potential For Multi-Residential/Townhouses Or Multi-Storey Development With Premium Lot Potential. The Property Is Currently Zoned (Neighbourhood) Residential And Used As A Legal Day Care Business For The Past 28+ Years With By-Law Amendment. 146 Licensed Spaces. The Building Is In Good Condition And Can Be Used For Many Different Businesses Or Leased To Any Commercial/Retail/Institutional Uses. Large Gym Area And Day Care/Class Rooms. Current Tenant Is "Cuties & Patooties Daycare" And Will Not Stay On After Closing. Excellent Investment Property To Rent And Generate Cash Flow While Awaiting Re-Development Application.
Extras
Fridge, Stove, Dishwasher, Electric Furnace, Hot Water Tank, Fire Alarm System, Electric Light Fixtures & Building All In "As Is Condition" New Roof (2-3 Years) And Some Windows Replaced In 2017.
PT LT 47 CON 1 MARKHAM PTS 2 & 3 64R3490 ; RICHMOND HILL
Occupancy
Tenant
Possession Date
TBA
Taxes (2023)
$13,469.88
Tax Type
Annual
Directions/Cross Streets
Yonge And Major Mackenzie
Neighbourhood
Crosby
Area
York
Price History
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Detailed Information
Freestanding
Y
Lot
175.17 x 221.73 ft
Retail Area
6,000 ft2
Total Area
38,793.1 ft2
Air Conditioning
Part
Basement
Y
Garage Type
None
Parking Spaces
20
Heat Type
Other
Area Influences
Public Transit, Rec Centre
Sewers
San+Storm
Utilities
Y
Water
Municipal
Survey
Y
Lot/Bldg/Unit Code
Lot
Zoning
R2
Seller Property Info Statement
N
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