102 (C2) - 8888 YONGE STREET, Richmond Hill (South Richvale)

$1,569,000

For sale: Other

Other at 102 (C2) - 8888 YONGE STREET, Richmond Hill (South Richvale)
Property type
Commercial Retail
MLS®
MLS® N13803348
Neighbourhood
South Richvale

Rare Opportunity To Own A Highly Visible Two-Level Commercial Unit In The Heart Of Richmond Hill At Yonge St & Hwy 7! Located In The Prestigious 8888 Yonge Mixed-Use Condominium Development, This Bright And Versatile Commercial Space Offers Approx. 2,026 Sq. Ft. Over Two Levels, Including Approx. 850 Sq. Ft. On The Ground Floor And 1,174 Sq. Ft. On The Mezzanine Level. Excellent Yonge Street Exposure With Expansive Windows Providing Exceptional Natural Light, Visibility And Signage Potential On Both Levels. Interior Staircase Connects The Main Floor To The Mezzanine, Creating A Unique Layout Ideal For Businesses Seeking Separate Customer-Facing And Office/Operational Areas. Potential Uses May Include Office, Retail, Medical, Café, Beauty/Wellness And Other Commercial Uses, Subject To Applicable Zoning And Municipal Approvals. Buyer And Buyer's Agent To Conduct Their Own Due Diligence And Independently Verify Zoning, Permitted Use, Licensing And All Municipal Requirements. Accessibility Lift Installation May Be Available At Additional Cost Through Builder- Recommended/Qualified Contractors. Convenient Commercial Parking Available On P1 On A First- Come, First-Served Basis, With Dedicated Elevator Access Connecting The Commercial Parking Level To The Main Level of the street. Additional Parking May Be Available For Purchase At $60,000 Or For Lease, Subject To Availability. One Of Only Three Commercial Units Within The Building. Exceptional Location In The Yonge & Hwy 7 Corridor, Surrounded By High-Density Residential And Commercial Development With Convenient Access To Major Roads, Transit And Area Amenities. VTB Financing Available At A Favorable Rate. An Excellent Opportunity For End Users, Professionals And Investors Looking For A Distinctive Commercial Street Presence On Yonge. The Unit Is Offered In An Unfinished Condition, Providing The New Owner With A Blank Canvas To Design And Finish The Space To Suit Their Vision, Brand And Business Needs.

Sold data

Homes in Richmond Hill (South Richvale) — recent sold market

Homes in Richmond Hill (South Richvale) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 51, across 523 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.

The median sale price was $1,099,999.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 25% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$1,099,999
Sale-to-list ratio
96.8%
Sold above asking
25%

Based on 523 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (South Richvale)

Richmond Hill (South Richvale) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.

Rated schools
43
Elementary
35
Secondary
8
Average rating
7.5 / 10

Top-rated schools in Richmond Hill (South Richvale)

  • Corpus Christi — elementary, Richmond HillFraser rating 10.0/10
  • St. Therese of Lisieux — secondary, Richmond HillFraser rating 10.0/10
  • Silver Stream — elementary, Richmond HillFraser rating 9.3/10
  • St Charles Garnier — elementary, Richmond HillFraser rating 9.3/10
  • Bayview — secondary, Richmond HillFraser rating 9.2/10
  • Father Henri J M Nouwen — elementary, Richmond HillFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 102 (C2) - 8888 YONGE STREET