305 Red Maple

Home Details

Description

Attentions Builder and Developer!!! Discover a unique investment with this property, designated as NEIGHBORHOOD USE in the Official Plan. It is one of a couple of pockets of older, small-scale commercial/industrial uses in Richmond Hill where, over the long-term, the City of Richmond Hill expects the area to change to something more residential, as opportunities for redevelopment occur. Currently has 3 tenants, fully leased until March 2027. One Residential House with 2 bedrooms. One Warehouse with 2 units and 8000 SF. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Adding to its appeal, the property includes a house, providing the convenience of living where you work, perfect for streamlining daily routines. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures.

See more

Additional media

-

Property taxes

$16,703.84 per year / $1,391.99 per month

Basement

Part Fin

Year build

-

Type

Detached

Bedrooms

2

Bathrooms

1

Parking spots

40.0 Total

Floor

-

Balcony

-

Pool

None

External material

Alum Siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

Forced Air

Fire place(s)

N