L10 - 280 WEST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park)

$3,700,000

For sale: Other

Other at L10 - 280 WEST BEAVER CREEK ROAD, Richmond Hill (Beaver Creek Business Park)
Property type
Commercial Retail
MLS®
MLS® N14141174
Neighbourhood
Beaver Creek Business Park

Great investment opportunity: a fully leased commercial retail condo located in a highly desirable, prime business area of Richmond Hill. It has high pedestrian and vehicular traffic with convenient access to neighbouring retail establishments, including renowned restaurants, hotels and banks. The retail plaza has ample parking, great Highway 7 exposure, two retail tenants (including a spa and cafe), and the units have been recently renovated with long leases and annual rent escalations. 5% Cap.

Sold data

Homes in Beaver Creek Business Park — recent sold market

Homes in Beaver Creek Business Park took a median of 22 days to sell over the last 730 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 34, across 36 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $599,000.

Homes sold for about 2.3% below asking on average, so there was room to negotiate.

About 19% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$599,000
Sale-to-list ratio
97.7%
Sold above asking
19%

Based on 36 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (Beaver Creek Business Park)

Richmond Hill (Beaver Creek Business Park) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.

Rated schools
43
Elementary
35
Secondary
8
Average rating
7.5 / 10

Top-rated schools in Richmond Hill (Beaver Creek Business Park)

  • Corpus Christi — elementary, Richmond HillFraser rating 10.0/10
  • St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
  • Silver Stream — elementary, Richmond HillFraser rating 9.3/10
  • St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
  • Bayview — secondary, Richmond HillFraser rating 9.2/10
  • Father Henri J M Nouwen — elementary, Richmond HillFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near L10 - 280 WEST BEAVER CREEK ROAD