$3,250/mo - 30 Wertheim Court Unit 18 - Main Floor, Richmond Hill
Commercial for Rent in Richmond Hill
33 days on marketNeighbourhood: Beaver Creek Business Park
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- MLS Number
- N13744358
- Property Type
- Commercial
- Status
- active
- Days on Site
- 33
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- 1,250 sqft
- Neighbourhood
- Richmond Hill
- Taxes (2025)
- $11,640
- Listing Brokerage
- LPT REALTY
Premium Turn-Key Office Space | Beaver Creek Business Area Rare Opportunity To Lease 1,250 Sq. Ft. Of Beautifully Renovated, Turn-Key Office Space In The Highly Sought-After Beaver Creek Business Area. This Exceptional Corner Unit Offers A Professional And Inviting Environment, Thoughtfully Designed To Meet The Needs Of Today's Modern Businesses. The Main Level Features Bright, Open-Concept Work Areas Complemented By A Generously Sized Boardroom, Providing An Ideal Setting For Productive Collaboration, Team Meetings, And Client Presentations. A Dedicated Kitchen And Private Washroom Add Convenience And Functionality For Day-To-Day Operations. Strategically Located With Quick And Convenient Access To Highways 401 And 404, The Property Is Exceptionally Well Positioned For Businesses That Value Accessibility. Public Transit Is Also Readily Accessible, Making Commuting Convenient For Employees And Clients Alike. The Professionally Maintained Business Centre Offers Ample On-Site Parking, While The Surrounding Area Provides An Excellent Selection Of Restaurants, Cafés, Retail, And Professional Services Just Steps Away. Ideal For Law Firms, Accounting Practices, Real Estate Teams, Technology Companies, IT Firms, Consulting Businesses, And Other Professional Users Seeking A Sophisticated, Move-In-Ready Office In One Of The Area's Most Desirable Commercial Locations. Move-In Ready. Professionally Presented. Strategically Located. A Turnkey Opportunity For Businesses Looking To Establish Themselves In A Premium And Highly Connected Business Environment.
Discover Beaver Creek Business Park
Beaver Creek Business Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Beaver Creek Business Park
- •Convenient location in Richmond Hill
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Beaver Creek Business Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
30 Wertheim Court Unit 18 - Main Floor, Richmond Hill
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $3/sqft, this is priced on the lower end for commercial, which warrants investigating condition, zoning restrictions, and tenancy. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 33-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Richmond Hill transactions.