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$1,098,800
Available - For Sale
Listing ID: N12427317
Incredible Opportunity In The Heart Of Stouffville's Booming Business District. One Of The Largest Units In The Complex, This Property Offers 3,061 Sq. Ft. Of Usable Space (2,389 Sq. Ft. On The Main Level Plus 672 Sq. Ft. Mezzanine Office) Along With Access To A 350 Sq. Ft. Shared Loading Dock. The Versatile Layout Features 3 Bathrooms, A Private Boardroom, Open Concept Office Space, And An Employee Lounge/Lunch Room Complete With A Kitchenette. Currently Operating As A Well-Established Bakery, The Space Is Clean, Well-Maintained, And Turnkey, Making It Ideal For A Wide Range Of Businesses. Zoned Industrial EPB With A Variety Of Permitted Uses, It Presents A Phenomenal Opportunity For Both End Users And Investors. This Property Is Currently Tenanted And Generating A Net Income Of Approximately $62,221.00 Annually (About A 5.7% Cap Rate), With Vacant Possession Available After January 1, 2026. Over $150,000 In Recent Upgrades, Low Maintenance Fees, Two Dedicated Parking Spots, Ample Visitor Parking, And Excellent Proximity To Major Highways Make This An Opportunity You Wont Want To Miss.
Price $1,098,800
Taxes: $3,722.89
Tax Type: Annual
Monthly Condo Fee: $1146
Occupancy by: Tenant
Address: 86 Ringwood Driv , Whitchurch-Stouffville, L4A 1C3, York
Postal Code: L4A 1C3
Province/State: York
Legal Description: Unit 44, Level 1, York Region Condo Plan
Directions/Cross Streets: Hwy 48 & Main Street
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Industrial Condo
Building Percentage: F
Total Area: 3,061
Total Area Code:  Square Feet
Office/Appartment Area: 672
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Maintenance: 0
Sprinklers: Yes
Rail: N
Clear Height Feet: 17
Truck Level Shipping Doors #: 1
  Height Feet: 12
  Width Feet: 10
Double Man Shipping Doors #: 2
  Height Feet: 7
  Width Feet: 6
Drive-In Level Shipping Doors #: 1
Grade Level Shipping Doors #: 2
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
FOREST HILL REAL ESTATE INC.

86 Ringwood Driv , Whitchurch-Stouffville, L4A 1C3, York


 
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Type: Com - Industrial
Area: York
Municipality: Whitchurch-Stouffville
Neighbourhood: Stouffville
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Tax: $3,722.89
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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