Business For Sale · Land

0 TOWER COURT, Richmond Hill (Oak Ridges)

0 TOWER COURT, Richmond Hill (Oak Ridges), ON L4E2R3

$1 total

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Asset Class

Land

Size

—

Building class

C

Zoning

AG — Agricultural

$ / SF

—

Occupancy

90%

Lot Size

5.39 ac

About this property

A rare estate development opportunity in the prestigious Oak Ridges area of Richmond Hill. This offering consists of 12 lots totaling 5.39 acres. Seller advises that Regional levies have been paid, and each lot is fully serviced with water, hydro, sewer, telephone/cable, and street lighting available. Purchasers shall be responsible for applicable municipal levies, building permit fees, and all costs associated with obtaining permits and constructing a residence. The lots range in size, with one exceeding a full acre and two exceeding half an acre, nestled among luxury estate homes in one of the area's most established and sought-after neighbourhoods. An excellent opportunity for developers and custom home builders looking to build in a premium, high-demand location. Conveniently located near Yonge Street and Bloomington Road, with easy access to Highways 404 and 400. Close to Cardinal Carter Catholic High School's IB Program, Lake Wilcox, Bond Lake, parks, trails, shopping, and major amenities. A rare opportunity to build in an established and highly sought-after neighbourhood. Lots are available individually or as a package. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1
Down payment30% · $0
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

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

94,509

Households

33,432

Median income

$69,000

Median age

40.8

Daytime population

119,828

5-yr growth

6.9%

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

Secure deal room

Confidential diligence documents for 0 TOWER COURT, Richmond Hill (Oak Ridges).

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.