10520 YONGE STREET, Richmond Hill (Mill Pond)

$355,000

For sale: Other

Other at 10520 YONGE STREET, Richmond Hill (Mill Pond)
Property type
Sale Of Business
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® N13825320
Neighbourhood
Mill Pond

Rare turnkey opportunity to acquire a prime, fully equipped 1,041 sq. ft. Shawarma and quick-service Mediterranean Restaurant in the heart of Richmond Hill in the immediate area. Features a comfortable dining space seating 15, plus a fully loaded commercial kitchen complete with a commercial exhaust hood system, 3 refrigerators, and 3 shawarma rotisseries built for high-volume service for fast through and low labor overhead. Situated in a high-visibility, high-density plaza with secure long-term lease terms featuring 5-year renewal options. Strongly backed by an established online ordering system, active Instagram community, and steady walk-in traffic. A seamless, plug-and-play operation for an owner-operator or expanding brand looking for immediate cash flow.

Sold data

Homes in Mill Pond — recent sold market

Homes in Mill Pond took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 42, across 97 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 77 days.

The median sale price was $1,298,000.

Homes sold for about 3.9% below asking on average, so there was room to negotiate.

About 18% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$1,298,000
Sale-to-list ratio
96.1%
Sold above asking
18%

Based on 97 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (Mill Pond)

Richmond Hill (Mill Pond) 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 (Mill Pond)

  • 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 10520 YONGE STREET