The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Rare opportunity to acquire a well-positioned commercial property within a multi-tenant plaza at the highly sought-after intersection of Yonge Street and 19th Avenue in the prestigious Jefferson community of Richmond Hill. Situated along one of the GTA's most established and recognized commercial corridors, this property benefits from excellent visibility, prominent exposure, and consistent traffic flow, making it an attractive opportunity for both investors and owner-users.Surrounded by established residential neighbourhoods, schools, and complementary retail and commercial businesses, the plaza enjoys a strong surrounding customer base and a desirable business environment. Excellent accessibility, ample on-site parking, and convenient access to public transit further enhance the property's appeal and long-term commercial potential.The property offers exceptional flexibility for a variety of commercial uses, including retail, professional offices, medical services, and other service-oriented businesses, subject to applicable zoning and municipal approvals. Its strategic location near major arterial roads provides convenient connectivity throughout Richmond Hill and the Greater Toronto Area.An outstanding opportunity to secure commercial real estate in a desirable and established Richmond Hill location. Ideal for investors seeking long-term appreciation potential or business owners looking to establish a presence along the prominent Yonge Street corridor. A strategic investment offering visibility, versatility, and future growth potential.
Demographic data is not available for this area yet.
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Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,053/mo
Mortgage (principal + interest)$3,348
Property taxFrom listing: $8,458/yr$705
Minimum $64,500 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$179,000
Ontario land transfer taxProvincial brackets, no first-time refund$14,375
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$196,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Richmond Hill has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
