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Investment signal

$949,000

34 - 20 WERTHEIM COURT

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Sqft

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Year

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Type

Retail

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Richmond Hill (Beaver Creek Business Park). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Excellent opportunity to acquire a well-maintained multi-use commercial unit in the highly desirable Beaver Creek Business Park, ideally located at Hwy 7 & Leslie. One of the largest units in the complex, this versatile 1,809 sq. ft. space offers a functional layout with retail area, industrial space, and office, making it ideal for a variety of uses. The unit features 14 ft clear height, one 10' x 10' drive-in/grade-level shipping door in the back, heating and AC, and has been impeccably maintained through the years. Purchase for your own business or keep as a great investment opportunity! Outside surface parking available. Convenient access to Highways 7, 404, and 407, and surrounded by established businesses in a high-demand commercial corridor. An excellent investment or end-user opportunity in a prime Richmond Hill location. (id:65958)

Subtype: Retail
Community: Beaver Creek Business Park
Living area: 1,809 square feet
On market: Mar 2, 2026
Status changed: Apr 23, 2026
Annual tax: $6,482.63
Zoning: MC1
Photos: 12
MLS#: N12834006
Area: RICHMOND_HILL_(BEAVER_CREEK_BUSINESS_PARK)

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$1,035/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.55%

Cap rate

3.55%

GRM

16.6

Break-even rent

$5,840

Financing

Down payment$189,800

Loan amount$759,200

Mortgage$3,847/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$435

Insurance$80

Maintenance$791

CapEx reserve$395

Vacancy loss$238

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,847/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.