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65 W Beaver Creek Rd

43,736 SF 100% Leased Industrial Building Richmond Hill, ON L4B 1K4 $17,500,000 CAD ($400 CAD/SF)

Investment Highlights

  • Most of parking lot redone approximately 2016
  • Roof redone approximately 2013
  • 45% Office, 55% industrial
  • Easy access to 407/404

Executive Summary

Fantastic opportunity to acquire ownership of this thriving multi-unit industrial building in Beaver Creek. Boasting a fully leased status, this property has been meticulously maintained by its original owner. Currently, it hosts a diverse community of 11 tenants across 12 units, ensuring a steady income stream.
Key features include a recently redone roof in 2013, along with significant upgrades to the parking lot around 2016, enhancing both durability and aesthetics. Heating systems are varied, comprising radiant heating, gas-fired units, and rooftop units, providing flexibility and efficiency.
Do not go direct. LA to be present for all showings. Do not disturb tenants. Seller will consider 50% VTB to qualified Buyer.
Contact LA for info package. Must sign CA.
With a generous gross leasable area of 43,736 square feet, as per MPAC, including some mezzanine space, this property offers ample room for tenants to conduct their business operations comfortably.
Don't miss out on this exceptional investment opportunity in Beaver Creek's industrial landscape.

Property Facts

Price $17,500,000 CAD
Price Per SF $400 CAD
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.03 AC
Rentable Building Area 43,736 SF
No. Stories 2
Year Built 1990
Parking Ratio 0.91/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 3

Utilities

  • Water - City
  • Sewer - City
  • Heating - Electric
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code M1 (High Performance Industrial Zone)
M1 (High Performance Industrial Zone)
  • Listing ID: 31576028

  • Date on Market: 2024-04-22

  • Last Updated:

  • Address: 65 W Beaver Creek Rd, Richmond Hill, ON L4B 1K4

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