1/121 - 563 EDWARD AVENUE, Richmond Hill (Devonsleigh)
1 - 563 EDWARD AVENUE, Richmond Hill (Devonsleigh), ON L4C9W7
Price on request
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Asset Class
Industrial
Size
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Building class
C
Zoning
IL — Light Industrial
$ / SF
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Occupancy
90%
Clear height
33 ft
Loading docks
13
About this property
Street front, corner unit ,bright open space finished tile floor, side door with double door entrance, Ac And heating , Mc1 zoning, many potential use, Lots parking space at the front, Conveniently situated just minutes from Highways 404, 407, and 7, Richmond Hill GO Station, and public transit, with easy access to surrounding businesses, banks, residential neighbourhoods, and amenities. Versatile zoning permits a range of uses, including professional offices, retail showroom, warehousing, and light manufacturing, subject to applicable zoning regulations and approvals. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$76K
Annual cash flow
$-7K
Cash-on-cash
-1.54%
DSCR
0.92
Going-in cap
5.08%
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
73,676
Households
27,382
Median income
$68,000
Median age
40.7
Daytime population
82,021
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1 - 563 EDWARD AVENUE, Richmond Hill (Devonsleigh).
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.