Helping You Build Your Business

Monday, December 16, 2013


For Sale : Premium Ravine Lot - 2 Story 5 Bedroom + 4 Bathroom Fully Renovated Grand House in Toronto's Bayviewwood Area - Over 5,000 sq ft of livable area


76 Banstock Drv, Bayviewwood, Toronto

www.76banstock.info

Asking Price : $1,699,000.00
Lease Price : $5,800.00


Magnificent rarely offered premium 82’ frontage ravine lot in Bayviewwood area with 3 side privacy and spectacular ravine view and oasis backyard. This grand house is fully and tastefully renovated with over $250,000 spent. The house features a gorgeous all around glass Sunroom that overlooks the ravine & opens to a brand new all-around glass huge wooden deck as well as Magnificent all around glass breakfast area that overlooks the ravine with access to backyard with 5'x6' grand center island & B/I wine rack.



The house features 2 Separate entrances with W/O to ravine fully renovated Lower level and 2 laundry/powder rooms. All the appliances are top of the line B/I S/S in the main Kitchen. The house has a new fully integrated security system with a big marble floor entrance and closest. Master bedroom has 2 closets his/her with a 5 pc en suite and a gorgeous standing shower and double sink.





Building
FireplaceYes
Building TypeDetached
Exterior FinishBrick
CoolingCentral Air
Heating TypeForced Air
Heating FuelGas
BasementYes - Finished
Lot size82 x 138.79
Property
Parking6
FeaturesKitchen has 2 Fridges with top of the line B/I Appliances. Basement fully & Professionally renovated with 2 Bedroom B/I Closet & 2 x 5 pc bathroom + laundry and separate entrance.
Size
Rooms
DiningMain3.9 x 4.5 m open to kitche, overlooks ravine, halogen lighting
LivingMain4.2 x 6.75 m laminate floor, overlooks ravine, crown moulding
FamilyMain4.20 x 5.40 m laminate floor, built in shelves, crown moulding
KitchenMain5.50 x 7.60 m huge centre island, overlooks ravine, breakfast area
OtherMain3.20 x 7.10 m laminate floor, overlooks ravine, walk out to sun deck
FoyerMain4.70 x 6.10 m halogen lighting, crown moulding, laminate floor
LaundryMain2.10 x 2.80 m ceramic, open to garage, sink
Master2nd5.10 x 5.60 m 5 pc ensuite, his/her closets, overlooks ravine
Bedroom2nd3.97 x 4.45 m hardwood floor, overlooks ravine, closets
Bedroom2nd3.45 x 4.80 m hardwood floor, cable, closets
Bedroom2nd3.47 x 3.97 m hardwood floor, closets, overlooks ravine
Rec RoomBasement3.96 x 8.22 m walk out to ravine, combined w kitchen, fireplace



Lower Level : All new tile in the huge cold room(6' x 27'), Laundry room(5'x9') with Washer & Dryer, new floor in the lower level. Open concept kicthen Overlooks the ravine Upgraded and includes Fridge, Electric Over Range and cook top, Dishwasher and double S/S Sink in the lower level. 2 X 5 PC Bathroom fully renovated - 2 x Br with upgraded floor one with W/I Closet and the other one with B/I Closet. New Fenced and entrance on the side of the house with new Walkways. 








Tuesday, December 10, 2013


Prime Condo Retail Space for Sale on Yonge St Richmond Hill
Excellent for any type of Medical, Financial or Professional Retail User with great exposure on Yonge St



Parking
Each unit comes with 1 designated underground parking, Abundant above ground parking

Units Breakdown for Lease or Sale
102 : 1369 sq ft –  Direct Yonge St Exposure
103 : 1207 sq ft –  Direct Yonge St Exposure
104 : 1583 sq ft – Corner Unit facing Yonge & Benson 

Units can be combined to accommodate larger user up to 4,159

Building Size & user
7 Story building with Over 10,000 sq ft retail + 2 story with 10,000 sq ft of medical user as well as additional 10,000 sq ft office + 4 story residential

Taxes & condo fees
Unit 102 - $695.50 Condo fee - $8,341 Taxes 2013
Unit 103 - $614.00 Condo fee - $8,063 Taxes 2013
Unit 104 - $805.30 Condo fee - $9,664 Taxes 2013

Age
New

Asking Price       $2,455,000.00 (Only $590 Per sq ft only)






Zoning
GCR ( General Commercial Residential)
Uses
Any type of retail, restaurant with patio, pharmacy, financial institution, Insurance & Office, Medical Use, general retail, etc
Signage
Available
Anchor Tenant
Shadow anchored by LCBO, BEER STORE, TD BANK, Mazda Dealership, walking distance from Richmond Hill Performing Art Center
Clear height
16’ clear
Transit
Bus stop at Yonge & Crosby – less than 1 min walk
Gas line
In unit available
Heating/Cooling
High efficiency cold & hot water heating & cooling system
Improvements
Unit is in shell condition
Electrical
Available


The site is located in part of a new Secondary plan study for the town of Richmond Hill. The area is designated as Civic Center in new Official plan for the town and lot of new mixed use development are coming within the walking distance of the subject site.




Medical & Restaurant Use Allowed - See below for the letter from the city of Richmond Hill






Tuesday, December 3, 2013

Single Tenant Investment in Toronto (GTA)



Great Secure Investment for sale  in Toronto
Single Tenant HSBC Bank in Condominium Unit - Total of 8,590 sq ft.
Built in 2003 with exclusivity clause for financial services inside a 120,000 sq ft indoor mixed use complex with over 400 underground parking spot as well as 10 above ground designated parking spot for HSBC
The Branch was fully renovated in 2012 to their new standards
Lease till 2018 with + 4 x 5 Yrs options.
Current Net income of $323,800.00 with escalation
Asking Price based on 5.25% Cap = $6,1 M

To receive more information please contact me.
Tel : 416.910.4726 or email : afatemi@royallepagecommercial.com




Sunday, December 1, 2013

Major Development in Richmond Hill - Retail, Office, Medical Sector


  • 20 BORDIE DRV: 7 Story Medical office building with a floor area of 145,000 sq ft. This site is located on Leslie St North of 16th. Currently they are in the process of recruiting Drs to fill up the space. Here are the information that we have gathered so far :


Main Floor : Radiology clinic (X ray, Ultrasound, Mammography, CT/MRI), Urgent Care, Pharmacy, Home Healthcare, Coffee Shop

2nd Floor : Operating Rooms, Recovery Room, Consultation Room

3rd Floor : Chronic Pain, Geriatric program, Rehab/Assessment Centre (Offices), Center for Personal Wellness and Nutrition, Psychology, Psychiatry

4th Floor : Family Physician Offices

5th Floor : Endoscopy/ Gastroenterology, Endocrine, Cardiology Clinic, Anesthesiology, Neurology, Respirology, Urology

6th Floor : Fertility Clinic, Pre-natal Center, Pediatric Clinic, Gynecology, Women’s health

7th Floor : Plastic Surgery, ENT, Rheumatology, Orthopedics, Conference Room, Physician Lounge, Executive Offices


  • 1577 MAJOR MACKENZIE: A mixed commercial retail office development comprising of 530,000 sq ft Retail/office Hotel development in total of 21 Buildings.The site total is about 72 acre with only 48 acre usable. 




  • 11240 Yonge St : This is going to be future home of Toyota Dealership with 72,000 sq ft showroom on a 4.7 Acre site. The dealership will also sell Scion brand under one roof. The construction started on this site with estimated cost of $25 Million.

  • 11641-645 Yonge St : The site is currently a Suzuki and Subaru dealership. The proposal calls for new development of a 2 Story Subaru car dealership with 15,000 sq ft.

  • 11 Jefferson Side Rd : This site is currently owned by Fieldgate and it calls for a development of a 29,000 sq ft retail/office plaza.


Wednesday, November 27, 2013

RBC Economics Research - Housing Affordability report for city of Toronto

This is a latest edition of housing affordability and some inside information about the housing market in Ontario and specifically in Toronto. I have gathered the important information related to the housing sector in Ontario & Toronto 






Here is the table summary for across Canada for the month of November :



Mortgage carrying costs 

RBC Housing Affordability Measure captures the proportion of median pre-tax household income required to service the cost of a mortgage on an existing housing unit at going market prices, including principal and interest, property taxes and utilities; the modified measure Source: Statistics Canada, Royal LePage, RBC Economics Research M






Average price of homes sold on the MLS system 




Home sales-to-new listings ratio










Monday, November 18, 2013

Exclusive Condominium Unit for Sale/Lease in Richmond Hill
150 East beaver Creek Rd

Luxury Four Season Garden Condominium by Catalia Development 
East Beaver Creek Park - Hwy 7 & East Beaver Creak Park
3 Units available for assignment in the Phase 1 
Building View :


Site Plan :  

Building Amenities : Buildings Amenities : Lounge area close to a fireplace or green wall ideal for relaxation while waiting for friends; Complete fitness facility with state-of the art equipment complemented with a tranquil yoga room; Indoor swimming pool and whirlpool spa; Separate men’s and women’s sauna rooms and changing facilities; Designer–decorated guest suite for the convenience of out of town guests; An elegant party room equipped with a stylish wet bar, fireplace and an outdoor barbecue patio situated in breathtaking landscape.





Unit 1 - 3 Bedroom, 2 Bathroom + 2 Balconies - Hollywood Plan - 1304 sq ft with 2 massive balcony - $30 K Upgrade - 2 Parking & 1 Locker on the 3 rd floor - View SE - Corner Unit 

3rd bedroom has entrance to the balcony. Both of the bathroom have been upgraded. Lot of windows all around the unit. Full open concept Kitchen with fully upgraded top of the line KitchenAid appliances.

Master bedroom has en suite bathroom and 2 walk in closet.

Asking Price For Sale : $579,000.00
Asking Price For Lease : $2,700.00

Occupancy for November 2013 - Closing March 2014 - 2.5% Commission  















Unit 2 - 2 Bedroom + Den & 2 Bathroom - Lincoln Plan - 1095 sq ft with a patio  - 1 Parking & 1 Locker - Ground floor facing South -

Den has a door and can be used as a 3rd bedroom.

Asking Price For Sale : $450,000.00
Asking Price For Lease : $2,300.00


Occupancy for November 2013 - Closing March 2014 - 2.5% Commission  


Unit 3 - 2 Bedroom 2 Bathroom - Harlow Plan - 839 sq ft with patio - 1 Parking & 1 Locker - Ground floor facing North to the Garden

Asking Price For Sale : $350,000.00
Asking Price For Lease : $1,900.00 


Unit 4 & 5 - 1 Bedroom + 1 Bathroom + 1 Balcony - Nevada Plan - 535 sq ft - 1 Parking + 1 Locker - 2nd floor - South View - Laundry room with closets & storage space

For Lease Only : $1,450.00
















Occupancy for December 2013 - Closing March 2014
2.5% Commission for the sale transactions
1/2 month commission for the Lease transactions
Floor Plan Attached

Contact:Arash Fatemi 416.910.4726