For Sale · Retail

10212B YONGE STREET, Richmond Hill (Mill Pond)

10212B YONGE STREET, Richmond Hill (Mill Pond), ON L4C3B6

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

86%

About this property

Yonge St Store (Main Floor & Basement) With Perfect Exposure TO The Busy Yonge Street. Current Tenant Is Subleasing, There Is Approx. 1.5 Year Remaining With Option To Renew For 2 Terms Of 5 Years Each. Not For Restaurant. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$71K

Annual cash flow

$-12K

Cash-on-cash

-2.69%

DSCR

0.85

Going-in cap

4.74%

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

96,744

Households

42,424

Median income

$119,500

Median age

32.8

Daytime population

83,941

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 10212B YONGE STREET, Richmond Hill (Mill Pond).

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.