$4,500,000

305 Red Maple Rd

South Richvale, Richmond Hill, Ontario, L4C 6P2

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Discover a unique investment with this High-Performance Industrial (M-1(1)) zoned property, leased until March 2027. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Adding to its appeal, the property includes a 2 bedroom house, providing the convenience of living where you work, perfect for streamlining daily routines or continuing to lease it out. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures.

Property Info
MLS®: N9039322
Listing Courtesy of RE/MAX ELITE REAL ESTATE
Total Bedrooms 0
Total Bathrooms 0
Floor Space 0 sq.ft.
Lot Size 33032 sq.ft.
Style other
Last Updated 2024-09-16
Property Type Industrial
Listed Price $4,500,000
Unit Pricing $4,500,000/sq.ft.
Strata Fee $0.00
Tax Estimate $16,704/Year
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