Welcome to this remarkable industrial located in the coveted neighborhood of Crosby. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,899,990 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
IC-01 Zoning, These Units are fully A/C with two rooftop HVAC units and 2 backup Radiant Tube Furnaces for comfortable shop space. Electrical lighting system is upgraded and the units have separate transformers for the HVAC so no power failures! The unit also have 4 skylights for additional natural light. these units are designated for Auto detailing and accessories according to the condominium by-law. Owner willing to lease back the unit for 3-5 years. ** City Zoning NOT allow Body Shop and Condo Cooperation NOT allow Mechanic shop.
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Data-driven valuation for 346 Newkirk Road 14 & 15, Richmond Hill, ON L4C 0A9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,899,990 in Richmond Hill, the legal minimum down payment is $379,998 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $34,475 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $34,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.