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10117-10119 Yonge St 3,084 SF 100% Leased Retail Building Richmond Hill, ON L4C 1T7 $2,989,000 CAD ($969.20 CAD/SF) 5% Cap Rate
Investment Highlights
- Continued rental growth and asset appreciation potential.
- Municipal parking across the street and 4 on-site parking spots.
- Fully leased.
Executive Summary
Rarely offered well managed property on Yonge St consisting of 2 solid commercial tenants & 3 apartments Comprised Of one 2-Bedroom Unit & two 1-Bedroom Units. Fully leased. located in a highly coveted & sought after Section of Yonge St. Fully leased retail ground level and 3 overhead apartments offer an excellent investment opportunity with continued rental growth and asset appreciation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,084 SF
Building Class
C
Year Built
1878
Price
$2,989,000 CAD
Price Per SF
$969.20 CAD
Cap Rate
5%
NOI
$149,450 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.83
Lot Size
0.09 AC
Frontage
16’ on Yonge St
Amenities
- Bus Line
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 5
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10117-10119 Yonge St
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