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For Sale · Office

9747 BATHURST STREET, Richmond Hill (North Richvale)

9747 BATHURST STREET, Richmond Hill (North Richvale), ON L4C3X5

$2.4M total

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Asset Class

Office

Size

—

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

97%

About this property

An exceptional investment opportunity in a prime Richmond Hill location, this solid brick home offers excellent rental incomepotential. It could also be developed into a commercial space-ranging from a daycare to a dental office or similar business-under potentialMMS zoning (Main Street Mixed-Use). Situated on a large lot with a spacious backyard and ample driveway parking, the property is zonedresidential with potential for future commercial use or redevelopment. Meticulously maintained and in excellent condition, this versatileproperty offers incredible long-term value. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.39M
Down payment30% · $716K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$144K

Annual cash flow

$12K

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

73,440

Households

28,604

Median income

$116,500

Median age

34

Daytime population

68,565

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 9747 BATHURST STREET, Richmond Hill (North Richvale).

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.