Business For Sale · Specialty

10620 YONGE STREET, Richmond Hill (North Richvale)

10620 YONGE STREET, Richmond Hill (North Richvale), ON L4C3C8

$47.5M total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

86%

Lot Size

4 ac

About this property

Fully tenanted commercial plaza with many anchors like Shoppers, Value Village, St.Louis etc... Located Corner of Yonge and Oxford St. on over4 acres of land. Great future development potential. Over 50,000 rentable square foot. Ample parking spaces. Great income producing investment property. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$47.50M
Down payment30% · $14.25M
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$219K

Projected NOI

$2.80M

Annual cash flow

$165K

Cash-on-cash

1.16%

DSCR

1.06

Going-in cap

5.89%

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

141,523

Households

59,055

Median income

$68,000

Median age

39.4

Daytime population

175,665

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 10620 YONGE 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.