For Lease · Industrial

7 - 35 WEST PEARCE STREET, Richmond Hill (Beaver Creek Business Park)

7 - 35 WEST PEARCE STREET, Richmond Hill (Beaver Creek Business Park), ON L4B3A9

$17 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

85%

Clear height

22 ft

Loading docks

10

About this property

An exceptional opportunity in the heart of Beaver Creek Business Park, one of Richmond Hill's most sought-after commercial addresses. This 2,709 sq ft industrial condominium pairs refined professional office space with functional warehouse capability. Thoughtfully laid out with 9 private offices, a boardroom, a kitchenette and two washrooms, generous mezzanine for storage, fibre availability and Ample free parking with front courtyard. Minutes to Highways 7, 404 and 407, with dining, banking and retail steps away. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$17
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.80%

DSCR

0.90

Going-in cap

5.00%

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

44,599

Households

21,023

Median income

$126,500

Median age

37.2

Daytime population

41,023

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for 7 - 35 WEST PEARCE STREET, Richmond Hill (Beaver Creek Business Park).

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.