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Home ON Greater Toronto Area Richmond Hill Crosby
9 - 10066 BAYVIEW AVENUE
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9 - 10066 BAYVIEW AVENUE $1,268,000
4 days ago
$1,268,000
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9 - 10066 BAYVIEW AVENUE
Richmond Hill (Crosby), Ontario L4C0W5

MLS® Number: N12627564
2
Bathrooms
937
Square Feet

Listing Description

Rare investment opportunity! Exceptional fully leased commercial property at the high-traffic intersection of Bayview Avenue and Major Mackenzie Drive. Currently tenanted by a thriving Mediterranean restaurant, this space features high-end finishes, two bathrooms, stainless steel kitchen components, an 8-ft canopy hood, a tankless hot water system, and a fully equipped commercial setup. Located in a highly desirable area, the property offers excellent street exposure, ample parking, and great convenience - just a 5-minute walk to the Richmond Hill GO Station, with easy access to Highways 404 and 407, and a YRT transit stop nearby. The area's strong growth potential is further supported by Bayview Secondary School (3,000+ students) and a planned 10-storey, 244-unit residential development directly across from the unit, in the Walmart Plaza. This property combines stable rental income, great curb appeal, and tremendous upside for future appreciation - a rare gem in a booming location and the perfect addition to any investor's portfolio. The unit is rented for $5,900 + HST per month on a 5+5-year lease, starting November 2024. (41807966)

Location Description

Cross Streets: Bayview/Major Mackenzie. ** Directions: W.

Property Summary

Property Type
Retail
Square Footage
937 sqft
Community Name
Crosby
Land Size
Unit=15.5 x 60.75 FT
Age Of Building
6 to 15 years
Annual Property Taxes
$6,416.31
Time on REALTOR.ca
4 days

Building

Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater - Tankless
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit, Highway

Measurements

Square Footage
937 sqft

Land

Lot Features
Frontage
15 ft ,6 in
Land Depth
60 ft ,9 in
Other Property Information
Zoning Description
Commercial
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MASOUD KHALILI