Business For Sale · Office

209 - 10255 YONGE STREET, Richmond Hill (Crosby)

209 - 10255 YONGE STREET, Richmond Hill (Crosby), ON L4C3B2

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

84%

About this property

Prime Location in the Heart of Richmond Hill, Building Across From The Performing Arts Theater, can be used for Accounting, Travel Agency, Medical office, photo studio, Tmi ,Heat and hydro included. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

91,776

Households

40,431

Median income

$128,500

Median age

37.2

Daytime population

97,588

5-yr growth

7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 209 - 10255 YONGE STREET, Richmond Hill (Crosby).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.