$348,000
For sale: Other

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.
Sold data
Homes in Doncrest took a median of 23 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 49, across 92 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $1,209,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 32% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
Based on 92 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
Richmond Hill (Doncrest) has 43 Fraser Institute–rated schools (35 elementary and 8 secondary), averaging 7.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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