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83 Dunlop St
Richmond Hill ON , L4C 2M6 , CAN
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$5,800,000.00
MLS® N8230414
Investment
Annual Tax Amount: $13,469.88
Lot Frontage: 175.17 Feet
Lot Depth: 221.73 Feet
Floor Space (approx): 6000 Square Feet
Remarks:
Incredible Investment Opportunity In Prime Location Of Downtown Richmond Hill, Crosby Community. Perfectly Shaped Lot, Approximately 0.90 Acres With A 6,000 Square Foot Building Close To Yonge Street. The Property Has Many Permitted Uses And It Surrounded By Apartment Buildings, Detached Homes, Townhomes, Public Parks, Restaurants, Retail Establishments, Churches, Community Services, Shopping Plazas, Schools And Public Transportation. Walking Distance To Yonge Street And All Public Amenities. Great Re-Development Potential For Multi-Residential/Townhouses Or Multi-Storey Development With Premium Lot Potential. The Property Is Currently Zoned (Neighbourhood) Residential And Used As A Legal Day Care Business For The Past 28+ Years With By-Law Amendment. 146 Licensed Spaces. The Building Is In Good Condition And Can Be Used For Many Different Businesses Or Leased To Any Commercial/Retail/Institutional Uses. Large Gym Area And Day Care/Class Rooms. Current Tenant Is ""Cuties & Patooties Daycare"" And Will Not Stay On After Closing. Excellent Investment Property To Rent And Generate Cash Flow While Awaiting Re-Development Application.
Fridge, Stove, Dishwasher, Electric Furnace, Hot Water Tank, Fire Alarm System, Electric Light Fixtures & Building All In ""As Is Condition"" New Roof (2-3 Years) And Some Windows Replaced In 2017.

Property Features:
  • Area Influences: Public Transit , Rec Centre
  • Air Conditioning: Part
  • Occupancy: Tenant
  • Sewers: San+Storm
  • Survey: Yes
  • Utilities: Yes
  • Water: Municipal
Building Features:
  • Basement: Yes
  • Garage Type: None
  • Heat Type: Other

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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