311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest)311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 2311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 3311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 4311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 5311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 6311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 7311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 8311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 9311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 10311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 11311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 12311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 13311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 14311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 15311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 16311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 17311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 18311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 19311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 20311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 21311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 22311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 23311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 24311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 25311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 26311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 27311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 28311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 29311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 30311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest) — photo 31
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For Sale · Office

311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest)

311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest), ON L4B3P8

$1.2M total

1,949 SF

Asset Class

Office

Size

1,949 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

$635

Occupancy

85%

About this property

Exceptional Corner Office Unit in a Prime Location! Approximately 1,949 Sq.Ft. of beautifully designed open-concept office space located in a prestigious and high-demand plaza. This bright corner unit offers stunning South and West exposures with abundant natural light throughout. Excellent layout suitable for professional offices, medical, accounting, law, mortgage, or various business uses. Features 4 underground parking spaces plus ample outdoor visitor parking. Conveniently located with easy access to public transportation, major highways, restaurants, banks, shopping, and a wide range of professional businesses. A rare opportunity to own or lease a premium office space in one of the area's most desirable commercial locations. Move-in ready and ideal for growing businesses! The owner would like to rent 2 out of the 7 units from the new owner. Furniture Included. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.24M
Down payment30% · $371K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$57K

Annual cash flow

$-11K

Cash-on-cash

-3.10%

DSCR

0.83

Going-in cap

4.61%

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.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters625 SF2028-11
Prairie Coffee Roasters400 SF2028-11
Prairie Coffee Roasters400 SF2028-11
Prairie Coffee Roasters408 SF2028-11

Area demographics

Trade area within 3 miles of the property.

Population

94,242

Households

38,470

Median income

$112,500

Median age

34.6

Daytime population

116,678

5-yr growth

0.6%

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

Secure deal room

Confidential diligence documents for 311 - 330 HIGHWAY 7 EAST HIGHWAY, Richmond Hill (Doncrest).

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.