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 $2,101,888 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 4 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
NOTE: All Units Have Been Leased Firm Until 2028 (9A) and 2031 (9 & 10), Purchaser Must Assume Tenants. 3 Total Units For Sale, Can Be Used For One Business or Closed Off For 2-3 Businesses; All 3 Units Share Common Walls; Alarm System & Sprinklers Throughout; Each Unit Has Separate Work Areas, Storage, Washrooms, & Kitchens/Kitchenettes For Maximum Usage Flexibility; All Negotiable); Parking Available at Front & Rear of Building, & On Street; Suite 9A = Large Open Space; 5 Offices; Kitchenette with Counter & Upper Cupboards; Large Renovated Handicap-Accessible Washroom; 100 Amp Service & Transformer; Sprinklers; Suite 9 = 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; Separate HVAC; Suite10 = Double Closet; Full Kitchen/Lunch Room with Eating Area; Double Man Door Rear Exit, with Use of Shared Loading Ramp; Storage Room; Large Open Space in Main Room; 2nd-Storey Mezzanine, Approx. 300 sqft; All freshly painted and refreshed/reno'd. Concrete area in Mazzanine is common area/hydro vault - not included in sale. Seller is Also Willing to Sell Office Furniture (Desks, Bookcases, Drafting Tables, 14 Sit/Standing Desks with Cubicles). Area with Concrete Floor in Mezzanine of Unit 10 Not Included - Common Area - Hydro Vault.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1234 Reid Street Suites 9A, 9, 10, Richmond Hill, ON L4B 1C1
Based on 0 recent similar sales in the pocket.
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 $2,101,888 in Richmond Hill, the legal minimum down payment is $420,378 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 $39,022 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 $39,022.
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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.