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10123 YONGE STREET, Richmond Hill, Ontario, L4C 1T7

MLS® # N13822266
Commercial For Sale In Crosby, Richmond Hill, Ontario
$250,000

None Beds

10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
10123 Yonge Street, Richmond Hill, ON
  • Advertising
10123 YONGE STREET, Richmond Hill, Ontario, L4C 1T7
$250,000

Property Information:

Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Depth: 14.19 Metre
  • Lot Frontage: 5.14 Metre
  • Lot Size: Unit=5.14 x 14.19 M
  • Zoning: COMMERCIAL

Courtesy of: CENTRAL HOME REALTY INC.

REALTOR.ca  

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Market Price Trends

Single family detached

-2.38%

Price change (1 year)

21.87%

Price change (5 years)

All Properties

-2.53%

Price change (1 year)

21.62%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 10123 YONGE STREET, Richmond Hill, Ontario, L4C 1T7

Demographic Information of 10123 YONGE STREET, Richmond Hill, Ontario, L4C 1T7

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$103,706.22

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.64 %

High school certificate or equivalent

25.83 %

Apprenticeship trade certificate/diploma

4.43 %

College/non-university certificate

19.52 %

University certificate (below bachelor)

3.91 %

University Degree

32.66 %

Commuter

Travel To Work

By Car

70.94 %

By Public Transit

12.5 %

By Walking

4.8 %

By Bicycle

0.0 %

By Other Methods

11.76 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

57.29 %

Houses

42.71 %

Own Vs. Rent

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