For Lease · Retail

16 - 11160 YONGE STREET, Richmond Hill (Westbrook)

16 - 11160 YONGE STREET, Richmond Hill (Westbrook), ON L4C0J6

$20 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

83%

About this property

Exceptional opportunity to lease approximately 3,352 sq. ft. of versatile ground-floor office/commercial space in a busy plaza on highly sought-after Yonge Street in Richmond Hill. Featuring high ceilings and a functional, flexible layout, the space offers opportunities for customization to suit your business needs. Potential uses include professional and corporate offices, medical and wellness services, clinics, educational and training centres, non-profit and community organizations, fitness facilities, studios, showrooms, retail, and service-based businesses, subject to zoning and applicable approvals. Prime Yonge Street exposure provides excellent visibility in a high-traffic location with convenient access to major transit routes. Steps to cafes, restaurants, shopping, banking, and everyday amenities, with ample surface parking within the plaza for staff and clients. An outstanding opportunity to establish or expand your business in the heart of Richmond Hill. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$20
Down payment30% · $6
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-4.64%

DSCR

0.75

Going-in cap

4.15%

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

50,747

Households

20,212

Median income

$104,000

Median age

45.2

Daytime population

69,644

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 16 - 11160 YONGE STREET, Richmond Hill (Westbrook).

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.