$600,000
For sale: Other

Excellent opportunity to acquire a spacious, fully equipped restaurant in a prime Richmond Hill location. Approx. 3,100 sq. ft. corner unit situated in a busy plaza with ample parking and strong visibility. The restaurant offers approximately 95 indoor seats plus patio seating, providing excellent capacity for high-volume dining, group gatherings and private events. Features impressive 22-23 ft ceilings, a 16-ft commercial hood, tandoor, walk-in cooler and freezer. Functional layout includes dedicated dining, kitchen, prep and storage areas for efficient operation. Suitable for Asian, Middle Eastern or a variety of other restaurant concepts, with flexibility for rebranding. Strong potential for dine-in, takeout, catering and event business.
Sold data
Homes in Richmond Hill (Oak Ridges Lake Wilcox) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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.
Based on 533 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Richmond Hill (Oak Ridges Lake Wilcox) 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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