$425,000
For sale: Other

A rare chance to secure a fully equipped, turn-key restaurant space in one of Richmond Hill's most active and sought-after commercial plazas. Positioned at a high-traffic intersection surrounded by dense residential communities, top-rated schools, major green space, and convenient highway access - this is the kind of location that operators spend years searching for.2,500 sq ft of professionally built-out restaurant space. 60 seats. Full commercial kitchen designed for high-volume service. This space has proven itself year after year - maintaining a loyal and growing customer base while generating a built-in institutional revenue stream that speaks volumes about the strength and consistency of this location.The previous establishment held LLBO licensing - giving the incoming operator a clear and established path to obtaining their own liquor licence and unlocking a significant additional revenue opportunity from day one.The space is fully equipped and ready for immediate possession. Bring your concept, your cuisine, your brand. Whether you are an experienced operator looking to expand into a proven market or an aspiring owner ready to open your doors in the right location - everything you need is already here.Your vision. Your menu. Your name on the door. The hard part is done - this is your opportunity to walk into a space that was built to succeed and is ready for its next chapter.
Sold data
Homes in Richmond Hill (Rouge Woods) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 (Rouge Woods) 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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