$55/mo
For rent: Other

Unit 107, C2, at 8888 Yonge Street is a brand-new commercial unit nestled in a prime location at Yonge and Highway 7, Richmond Hill. Offering a total of 2,026 square feet, the unit features a spacious ground floor of 852 square feet and a mezzanine of 1,174 square feet. The gross rent is $55 per square foot. This bright, elevated space faces Yonge Street, offering a dynamic view. Importantly, the zoning allows for versatile use, including medical, retail, and office applications, making it ideal for a range of business ventures. The lease term is 5 years. Visitor parking is conveniently available underground at P1, with easy access via a dedicated elevator. Don't miss this exceptional opportunity in one of the most vibrant hubs of Richmond Hill.
Sold data
Homes in South Richvale took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 55, across 78 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.
The median sale price was $1,486,888.
Homes sold for about 4.6% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 78 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 (South Richvale) 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.
Currently for sale

$50/sqft
OtherLEVEL 1, North Richvale, Richmond Hill

$50/sqft
OtherSE-2 - 9199 YONGE STREET, North Richvale, Richmond Hill

$3,000/mo
OtherB3 - 9610 YONGE STREET, North Richvale, Richmond Hill

$1,200/mo
Other205 - 550 HIGHWAY 7 E, Beaver Creek Business Park, Richmond Hill

$2,000/mo
Other13 B - 9425 LESLIE STREET, Headford Business Park, Richmond Hill

$1,500/mo
Other206 - 7181 YONGE STREET, Thornhill, Markham

$1,500/mo
Other207 - 7181 YONGE STREET, Thornhill, Markham

$1,500/mo
Other208 - 7181 YONGE STREET, Thornhill, Markham