multifamily
Ref 660437

Sold – Bayview Apartments in Richmond Hill

9960 Bayview Avenue
L4C 9W4 Richmond Hill

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Space available46,391 ft²

Summary

SOLD: Bayview Apartments was an investment opportunity consisting of a 4-storey apartment building in excellent condition, located in Richmond Hill, Ontario. The 56-suite Property is conveniently located steps from two large retail Centres, offering tenants a wide variety of retail and lifestyle amenities. 

The Property is in a transit-oriented location, just 1km from the Richmond GO Station and 10 minutes from Highways 407 and 404, providing convenient access across the GTA. Richmond Hill offers a growing employment base with four established business parks located minutes from Bayview Apartments. The Property’s suites and common areas are in excellent condition and have benefited from quality institutional property management.

Highlights
-
Rare York Region Rental Property
- Richmond Hill; a High Trajectory, Suburban Node
- Superior Asset Quality
- Durable Cash Flow with Generous Rental Upside
- Free & Clear of Existing Financing

Location and Transportation