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Doncrest, Richmond Hill, ON L4B 0C6
$550,000
Newly leased with a strong cap rate, this prime two-unit commercial property offers an outstanding turnkey investment in the high-demand Markham/Richmond Hill corridor. Ideally located on busy Highway 7 between Bayview and Leslie, this versatile 600 sq.ft. space supports a wide range of retail and service uses, ensuring consistent leasing demand. With ample ground-level parking in front and two exclusive underground spots, accessibility is a major plus. A rare opportunity to own a fully tenanted, income-generating asset in one of the GTAs fastest-growing commercial hubs. *Photos were taken prior to current tenant occupancy.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Property Type
Commercial Retail
Lot Size
229.7 × 476.2 ft
Garage
Covered
Heating
Electric Forced Air
Cooling
Yes
Taxes
$6,221.72 (2024)
Possession
Flexible