ON > Richmond Hill > Oak Ridges
Richmond Hill, ON L4E 1A3,13042 Yonge ST
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Richmond Hill, ON L4E 1A3,13042 Yonge ST
Richmond Hill, ON L4E 1A3,13042 Yonge ST
Richmond Hill, ON L4E 1A3,13042 Yonge ST
Richmond Hill, ON L4E 1A3,13042 Yonge ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 41,800,000
Est. payment /mo
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Active

13042 Yonge ST Richmond Hill, ON L4E 1A3

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Subdivision Oak Ridges

MLS Listing ID N12185248

Annual Tax Amount $122,535

Tax Year 2025

Property Sub-Type Investment

Lot Front 100.1

Property Description

13042 Yonge Street Picasso Place is located in the heart of Oak Ridges, a well-established and growing community in Richmond Hill known for its family-friendly atmosphere, excellent amenities, and proximity to nature. The area offers a rare balance of suburban charm and urban accessibility, making it highly desirable for both residents and investors. Positioned directly on Yonge Street, one of the GTAs busiest and most prominent thoroughfares, the property benefits from outstanding visibility and connectivity. Residents have access to York Region Transit bus routes and nearby GO Transit, providing convenient connections throughout Richmond Hill and to downtown Toronto. The area is supported by strong demographics, with high household incomes and strong consumer spending power, contributing to a stable and thriving community. This provides a solid foundation for long-term tenant demand and investment security. The building features 64 residential suites, including 47 one- bedroom units, 15 two-bedrooms, and 2 two-bedroom units with oversized terraces. Amenities include high ceilings, lockers on each floor, bike racks, a full gym, and a rooftop green deck designed for resident enjoyment. Nearby, residents can explore the natural beauty of Lake Wilcox or take advantage of the 56,000 SF Oak Ridges Community Centre, which features a pool, water slide, fitness facilities, and programming for all ages. The property is equipped with SmartOne technology, giving residents access to cameras, alarm settings, thermostat control, and visitor access via in-suite wall pads. Bell Fibre optic Internet is also integrated through SmartOne. Currently self-managed, tenants are carefully qualified, ensuring a well-maintained and secure environment. Picasso Place presents an exceptional opportunity in one of Richmond Hills most sought-after locations.

Location

Province ON

County York

Community Oak Ridges

Area York

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 100.1

Others

Security Features Yes

Listed by COLLIERS
agent

Jethro Seymour

Broker

+1(416) 712-0767

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13042 Yonge ST

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