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11818 101st Ave 7,010 SF 50% Leased Office Building South Richmond Hill, NY 11419 $3,554,210 CAD ($507.02 CAD/SF)
Investment Highlights
- Heavy foot traffic, close to trains, Busy intersection. parking available
Executive Summary
Prime Mixed-Use Investment Opportunity – High Traffic Location
Located at 118-18 101 Avenue, this exceptional commercial mixed-use property sits on one of the busiest corridors, surrounded by strong foot traffic and convenient transportation access.
Property Highlights:
Legal storefront with legal commercial basement
2nd & 3rd floors feature 3 residential apartments generating strong rental income
High visibility location with steady pedestrian and vehicle traffic
Ideal for investors or owner-users
Majority of the building can be delivered vacant
Located at 118-18 101 Avenue, this exceptional commercial mixed-use property sits on one of the busiest corridors, surrounded by strong foot traffic and convenient transportation access.
Property Highlights:
Legal storefront with legal commercial basement
2nd & 3rd floors feature 3 residential apartments generating strong rental income
High visibility location with steady pedestrian and vehicle traffic
Ideal for investors or owner-users
Majority of the building can be delivered vacant
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$72,992
|
$10.41
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$72,992
|
$10.41
|
Financial Summary (Actual - 2025)
| Taxes (CAD) | |
|---|---|
| Annual | $72,992 |
| Annual Per SF | $10.41 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $72,992 |
| Annual Per SF | $10.41 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,010 SF
Building Class
C
Year Built/Renovated
1968/2005
Price
$3,554,210 CAD
Price Per SF
$507.02 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,070 SF
Building FAR
3.39
Lot Size
0.05 AC
Zoning
R6B/C2-3 - Zoning Description – R6B / C2-3
This property is located within an R6B residential district with a C2-3 commercial overlay, allowing for MIXED USE.
Parking
2 Spaces (0.29 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (85)
Property Taxes
| Parcel Number | 09486-0009 | Total Assessment | $672,866 CAD |
| Land Assessment | $57,231 CAD | Annual Taxes | $72,992 CAD ($10.41 CAD/SF) |
| Improvements Assessment | $615,635 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
09486-0009
Land Assessment
$57,231 CAD
Improvements Assessment
$615,635 CAD
Total Assessment
$672,866 CAD
Annual Taxes
$72,992 CAD ($10.41 CAD/SF)
Tax Year
2025
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11818 101st Ave
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