1/30311 - 330 HIGHWAY 7 HIGHWAY E, Richmond Hill (Doncrest)
311 - 330 HIGHWAY 7 HIGHWAY E, Richmond Hill (Doncrest), ON L4B3P8
Price on request
1,942 SF
Asset Class
Office
Size
1,942 SF
Building class
B
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
91%
About this property
SHORT TERM RENTAL OFFICE: Combination of 4 Fully Furnished offices, located in the prestigious southwest section of a prominent office tower. Boasting seven impeccably designed offices with 15 hours of Shared spacious meeting room per month included, Front Desk/Reception and a fully equipped kitchen this space offers the perfect blend of sophistication and functionality. Custom-made filing cabinets ensure seamless organization, while the unobstructed south view floods the workspace with natural light, fostering a productive environment. Situated within a bustling retail plaza with restaurants, banking facilities, and supermarkets, and close to public transit, highways, and future subway extensions. Don't miss this opportunity to establish your business in a space that exudes elegance and convenience.**LOTS OF PARKING!!**Fabulous Luxurious Corner Office W/Seven Offices & Meeting Room * Kitchen. Ready To Start You Business. Lots Of Extras: Two Parking, Custom Made Filling Cabinets.. Functional Layout, Unobstructed South View, Suitable For Any Business In This Office Tower. Part Of Retail Plaza, Restaurants, Bank, Supermarket. Close To Public Transit, Hwy & Future Subway Extension. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$77K
Annual cash flow
$-6K
Cash-on-cash
-1.26%
DSCR
0.93
Going-in cap
5.16%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Northbridge Logistics | 859 SF | 2029-03 |
| Northbridge Logistics | 443 SF | 2029-03 |
| Northbridge Logistics | 400 SF | 2029-03 |
| Northbridge Logistics | 400 SF | 2029-03 |
Area demographics
Trade area within 3 miles of the property.
Population
120,306
Households
52,816
Median income
$73,500
Median age
42.1
Daytime population
136,522
5-yr growth
2.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 311 - 330 HIGHWAY 7 HIGHWAY E, Richmond Hill (Doncrest).
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.