






1/8C1 - 8888 YONGE STREET, Richmond Hill (South Richvale), ON L4C5V6
Price on request
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
93%
Prime Commercial Leasing Opportunity at Yonge St. & Hwy 7! Establish your business at 8888 Yonge Street, a brand-new 15-storey luxury condominium featuring only 3 exclusive commercial units! Unit C1 offers an impressive 1,932 sq. ft. across two levels, including 748 sq. ft. on the ground floor and 1,184 sq. ft. on the upper level. Excellent exposure toward Westwood, expansive floor-to-ceiling windows, abundant natural light, and outstanding street visibility. This bright, spacious unit offers incredible potential to customize the interior to suit your business needs. Convenient street-level access, approximately 42-45 shared underground visitor parking spaces, and a dedicated commercial elevator connecting the parking level to the ground floor. Ideal for medical and dental clinics, physiotherapy, chiropractic, optometry, pharmacy, beauty and wellness services, fitness studios, professional offices, law firms, accounting firms, real estate brokerages, financial services, retail boutiques, showrooms, and more, subject to required approvals. Surrounded by established residential communities, growing condominium developments, and excellent accessibility to major highways and transit. Gross Lease at $50/Sq. Ft.! Flexible 3-5 year lease term with potential renewal options. An exceptional opportunity to position your business in one of Richmond Hill's most desirable commercial locations. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$80K
Annual cash flow
$-3K
Cash-on-cash
-0.69%
DSCR
0.96
Going-in cap
5.34%
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.
Trade area within 3 miles of the property.
Population
85,388
Households
39,485
Median income
$110,500
Median age
33.3
Daytime population
135,929
5-yr growth
0.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for C1 - 8888 YONGE STREET, Richmond Hill (South Richvale).
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.