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!
Property Type:
Freehold
Freehold Type:
Detached
Home Style:
2 1/2 Storey
Depth:
49'8"15.1 m
Frontage:
114'3½"34.8 m
Exposure:
West
Bedrooms:
4+2
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
4
Rooms:
10
Rooms Below Grade:
4
Zoning:
R2
Heating type:
Forced Air
Heating Fuel:
Gas
Basement:
Apartment, Sep Entrance
Fireplace/Stove:
Yes
Garage:
Built-In
Garage Spaces:
2
Parking Spaces:
12
Total Parking Spaces:
14
Driveway:
Private
Family Room:
Y
Possession Details:
TBA
Link:
No
Taxes:
$9,345.46 /
2024
Assessment:
$- /
-
Floor
Type
Size
Other
Main
Foyer
11'7"3.55 m × 8'8"2.64 m
Wainscoting, 2 Pc Bath, Ceramic Floor
Main
Kitchen
12'1"3.70 m × 9'1½"2.78 m
Double Sink, Laminate, Window
2nd
Living
19'2"5.86 m × 16'10¾"5.16 m
Vaulted Ceiling, Ceiling Fan, Open Concept
2nd
Prim Bdrm
16'1¼"4.91 m × 13'10"4.20 m
W/O To Balcony, 4 Pc Bath, Hardwood Floor
3rd
Loft
33'8"10.26 m × 10'8"3.26 m
Skylight, Broadloom, Open Concept
Lower
Br
24'6"7.47 m × 12'3.65 m
Eat-In Kitchen, 3 Pc Bath, Laminate
Lower
Br
16'6"5.03 m × 8'11½"2.73 m
Open Concept, Combined W/Kitchen, Laminate
Floor
Ensuite
Pieces
Other
Main
-
2
2nd
-
1
2nd
-
3
2nd
-
4
Bsmt
-
3
X2
Mill Pond
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
Data was last updated January 5, 2025 at 03:55 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$2,200,000
Min list price:
$1,288,000
Max list price:
$5,118,000
Avg days on market:
58
Min days on market:
16
Max days on market:
150
These statistics are generated based on the current listing's property type
and located in
Mill Pond. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.