202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park)202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park) — photo 2202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park) — photo 3202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park) — photo 4202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park) — photo 5202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park) — photo 6202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park) — photo 7202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park) — photo 8
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Business For Sale · Office

202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park)

202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park), ON L4B1J5

Price on request

1,150 SF

Asset Class

Office

Size

1,150 SF

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

94%

About this property

Bright South/West Facing Office Unit on the 2nd Floor with Abundant Natural Light. Approximately 1,000 Sq. Ft. of Usable Space (1,150 Sq. Ft. Rentable Area as per Lease). Functional Layout Consists of 1 Private Office, Meeting Room, Open Work Area, Kitchenette and 1 Dedicated Washroom. Currently Set Up as a Design Studio with a Bright, Modern and Efficient Workspace. Ideal for Design, Creative, Professional or General Office Uses. Excellent Opportunity for Businesses Seeking a Well-Configured Office Space in Richmond Hill. Monthly Rent approx.$2,495.04 (Incl. TMI & HST), cost of Utilities extra. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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)

TenantAreaExpiry
Summit Trades Supply450 SF2028-03
Summit Trades Supply400 SF2028-03
Summit Trades Supply400 SF2028-03
Summit Trades Supply400 SF2028-03

Area demographics

Trade area within 3 miles of the property.

Population

53,020

Households

21,073

Median income

$122,500

Median age

35.9

Daytime population

69,231

5-yr growth

3.3%

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

Secure deal room

Confidential diligence documents for 202 - 80 FULTON WAY, Richmond Hill (Beaver Creek Business Park).

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.