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.
LOCATION! LOCATION! LOCATION! Rare opportunity to own an affordable ground-floor commercial condo in the heart of Richmond Hill's thriving Highway 7 corridor. Directly across from the future T&T Supermarket and surrounded by high-rise condominiums, established residential communities, offices, restaurants and retail. This bright and versatile unit features soaring ceilings, a large glass storefront, excellent street exposure and an open-concept layout. Includes ONE PARKING SPACE and ONE LOCKER - a valuable bonus for a commercial unit of this size. Excellent potential for professional office, retail, coffee/dessert shop, tutoring or education centre, studio, beauty/personal services and other commercial uses, subject to zoning, condominium rules and applicable approvals. Convenient access to Viva/YRT, Hwy 404 & 407. An excellent opportunity for an owner-user, entrepreneur or investor seeking a manageable commercial property in a highly visible Richmond Hill location.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Transit score information is not available for this listing.
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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$1,569/mo
Mortgage (principal + interest)$1,302
Property taxFrom listing: $3,209/yr$267
Minimum $17,400 down for this price; the slider moves in whole percent, starting at 5%. 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$69,600
Ontario land transfer taxProvincial brackets, no first-time refund$3,695
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$76,095
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.
