1234 Reid Street, Richmond Hill, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of Beaver Creek Business Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $675,625 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.
- 0 Bedrooms and 2 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
NOTE: Unit Has Been Leased Firm Until 2031, Purchaser Must Assume Tenant. Open Space; 3 Offices + Separate Boardroom; Cathedral Ceilings in Boardroom + Front Office; Bright & Clean; 2 Renovated Washrooms with Quartz Counters; Separate Kitchenette; Separate Server/Meter/Storage Room; Sprinklers Throughout; Separate HVAC. Freshly painted and refreshed through out. Units 9A & 10 Are Also For Sale, Together or Separately. Area with Concrete Floor In Mezzanine Not Included (Hydro Vault).
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1234 Reid Street Suite 9, Richmond Hill, ON L4B 1C1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $675,625 in Richmond Hill, the legal minimum down payment is $42,563 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 $9,988 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 $9,988.
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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.