Incredible Opportunity In The Heart Of Stouffville's Booming Business District. One Of The Largest Units In The Complex, This Property Offers 3,061 Sq. Ft. Of Usable Space (2,389 Sq. Ft. On The Main Level Plus 672 Sq. Ft. Mezzanine Office) Along With Access To A 350 Sq. Ft. Shared Loading Dock. The Versatile Layout Features 3 Bathrooms, A Private Boardroom, Open Concept Office Space, And An Employee Lounge/Lunch Room Complete With A Kitchenette. Currently Operating As A Well-Established Bakery, The Space Is Clean, Well-Maintained, And Turnkey, Making It Ideal For A Wide Range Of Businesses. Zoned Industrial EPB With A Variety Of Permitted Uses, It Presents A Phenomenal Opportunity For Both End Users And Investors. This Property Is Currently Tenanted And Generating A Net Income Of Approximately $63,500 Annually (About A 5.7% Cap Rate), With Vacant Possession Available After January 1, 2026. Over $150,000 In Recent Upgrades, Low Maintenance Fees, Two Dedicated Parking Spots, Ample Visitor Parking, And Excellent Proximity To Major Highways Make This An Opportunity You Wont Want To Miss.
Address
44 - 86 Ringwood Drive
List Price
$1,098,800
MLS® Status
New
Expiration Date
2026-01-01
Property Type
Commercial
Type of Dwelling
Industrial
Transaction Type
For Sale
Area
Whitchurch-Stouffville
Sub-Area
Stouffville
Region
York
Bathrooms
3
Lot Type
Lot
Lot Size Units
Feet
Parcel Number
293650044
Total Building Area
3061
Occupant Type
Tenant
Cross Street
Hwy 48 & Main Street
MLS® Number
N12427317
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Postal Code
L4A 1C3
Posession Details
90/TBD
Parking Spaces
2
Tax Amount
$3,722.89
Tax Year
2025
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Outside/Surface
Tax Legal Description
Unit 44, Level 1, York Region Condo Plan No. 835
Security Features
Yes
