1/7323&325 - 550 HIGHWAY 7 E, Richmond Hill (Beaver Creek Business Park)
323&325 - 550 HIGHWAY 7 E, Richmond Hill (Beaver Creek Business Park), ON L4B3Z4
$499,000 total
—
Asset Class
Retail
Size
—
Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
87%
About this property
Professional office space available in a prime Richmond Hill location, ideal for a wide range of business uses. Situated in the prestigious Time Square complex in the heart of Richmond Hill. The building features abundant surface and underground parking for convenience. Steps to hotels, restaurants, banks, and shopping, with public transit at the doorstep and quick access to Highways 404 and 407. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$30K
Annual cash flow
$2K
Cash-on-cash
1.63%
DSCR
1.09
Going-in cap
6.03%
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
126,084
Households
54,450
Median income
$92,500
Median age
41.1
Daytime population
107,638
5-yr growth
9.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 323&325 - 550 HIGHWAY 7 E, Richmond Hill (Beaver Creek Business Park).
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.