164 days on Market

210 Jacey Anne Dr, Richmond Hill, Ontario L4C 4N5

Other
-
-
- sqft
$2,650,000
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$11,381/mo

Tax Amount (2024)$9,345/yr

Days On Market164 days


Description

A truly unique and highly advantageous investment in the heart of Richmond Hill. Currently operating as a Dental Office & Denture Centre with 3 additional private residential apartments. Zoning allows for a versatile array of uses for main floor office space. Modern layout and high quality finishes throughout. No need to deal with below market rents since residential units are readily vacant and meticulously taken care of. Tremendous upside potential for savvy investors offering a 5.21% cap rate at full capacity. Alternatively, the ideal investment for professionals seeking to open their own practice benefiting with a combined work and live-in space. Stand out in your industry as you mitigate overhead operating costs while maximizing the rental income potential. Drastically eliminate your commute time while increasing efficiency and quality of life. Convenient location with simple public transit accessibility. Strategic corner lot allows for enhanced visibility for high foot traffic directly off Yonge St. Private driveway allows for 12 vehicle parking spaces in tandem with the potential to expand. Oversized garage allows for additional parking / storage space or possible conversion. Truly an exceptional opportunity to enhance your real estate portfolio and fast track your success! **EXTRAS** 1st Floor fully equipped dental office designed to accommodate wide range of dental services. 2nd Floor apartment: spacious 3 bed unit w/ massive loft. Basement: 1 bed & bachelor unit. All 4 units feature functional privacy. 3938 sqft total


Property Details

StyleApartment
View-
Age of property-
SqFt-
Lot Size5,677 SqFt(49.68 x 114.29)
Parking Spaces14
MLS ®NumberN9347320
Community NameMill Pond
Data SourceTRREB
Listing byCOLDWELL BANKER THE REAL ESTATE CENTRE

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 5,677 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 14


Property History

Sep 11, 2024
ListedActive
$2,650,000
164 days on market
history photo preview40
Listing by trreb®
Property listed by COLDWELL BANKER THE REAL ESTATE CENTRE, Brokerage

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Population and Demographics

Overview

Total population 11510
Average household income $157,974

Age (%)

50 to 64
26%
65 and plus
20%
0 to 19
20%
35 to 49
18%
20 to 34
17%

Household composition (%)

Single family
76%
Single person
21%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
53%
Iranian Persian
12%
Mandarin
8%
Russian
7%
Italian
5%
Yue (Cantonese)
4%
Others
3%
Persian (Farsi)
2%
Korean
1%

House tenancy (%)

Owners
76%
Renters
24%

Schools and amenities

Estimated Budget