#25 & #26 - 328 HIGHWAY 7 E, Richmond Hill (Doncrest)

$480,000

For sale: Other

Other at #25 & #26 - 328 HIGHWAY 7 E, Richmond Hill (Doncrest)
Property type
Sale Of Business
MLS®
MLS® N13773790
Neighbourhood
Doncrest

Excellent Opportunity To Acquire A Well-Established Xiao Long Kan Hot Pot Restaurant In A Prime Richmond Hill Location. Operating For Many Years And Known As A Popular GTA Hot Pot Destination, This Turn-Key Restaurant Features Attractive Interior Finishes, A Fully Equipped Professional Commercial Kitchen, And A Functional Dining Layout. Ideal For Continued Operation Or Conversion To Your Own Restaurant Concept. Located In A Busy, High-Traffic Plaza With A Strong Mix Of Tenants Including RBC, Bank Of China, Bubble Tea Shops, Nail Salon And Other Retail And Service Uses, Generating Consistent Daily Foot Traffic. Excellent Visibility, Ample Plaza Parking And Convenient Access To Major Roads And Transit. Liquor Licence In Place. A Rare Opportunity For An Owner-Operator Or Established Restaurant Group Looking To Expand In One Of Richmond Hill's Most Active Dining Hubs.

Sold data

Homes in Doncrest — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.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.

Median days to sell
23
Median sale price
$1,209,000
Sale-to-list ratio
97.0%
Sold above asking
32%

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

Schools in Richmond Hill (Doncrest)

Richmond Hill (Doncrest) 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 (Doncrest)

  • 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 #25 & #26 - 328 HIGHWAY 7 E