103 W/L - 8888 YONGE STREET, Richmond Hill (South Richvale)

$1,999,000

For sale: Other

Other at 103 W/L - 8888 YONGE STREET, Richmond Hill (South Richvale)
Property type
Commercial Retail
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® N12956146
Neighbourhood
South Richvale

An exceptional brand-new mixed-use live/work commercial unit in the bustling hub of Richmond Hill, at Yonge and Highway 7. This 2,473 sq. ft. ground-floor unit, plus 45 sq. ft. outdoor, is ideal for entrepreneurs seeking a dynamic live/work setup. With RM10 zoning, this commercial unit seamlessly integrates with a residential space: on the main floor, a versatile live/work area measuring 20.8 by 15.6 sq. ft., plus 3 full bathrooms and one half bathroom, and a bonus room (bedroom). Upstairs, you'll find a private residential sanctuary with three bedrooms-including a prime suite-a full kitchen, dining, and living space. Facing northwest, enjoy street exposure and natural light. 1 parking is included. Positioned steps from Langstaff GO Station, major transit, and highways, this is a prime investment in a thriving, well-connected community. Floor plan attached for your review. Lockers can be purchased for $5,000. Maintenance fees are $13.65 for storage and $45.00 for parking. Exclusive Rogers Internet Cable rights for the entire building, with a special offer of approximately $50 per month for internet service.

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 533 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.

The median sale price was $1,128,800.

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

About 24% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
26
Median sale price
$1,128,800
Sale-to-list ratio
96.8%
Sold above asking
24%

Based on 533 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 103 W/L - 8888 YONGE STREET