9 - 10066 BAYVIEW AVENUE, Richmond Hill (Crosby)

$1,198,000

For sale: Other

Other at 9 - 10066 BAYVIEW AVENUE, Richmond Hill (Crosby)
Property type
Commercial Retail
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® N13569130
Neighbourhood
Crosby

Rare investment opportunity! also can be vacant! Exceptional fully leased commercial property at the high-traffic intersection of Bayview Avenue and Major Mackenzie Drive. Currently tenanted by a thriving Mediterranean restaurant, this space features high-end finishes, two bathrooms, stainless steel kitchen components, an 8-ft canopy hood, a tankless hot water system, and a fully equipped commercial setup. Located in a highly desirable area, the property offers excellent street exposure, ample parking, and great convenience - just a 5-minute walk to the Richmond Hill GO Station, with easy access to Highways 404 and 407, and a YRT transit stop nearby. The area's strong growth potential is further supported by Bayview Secondary School (3,000+ students) and a planned 10-storey, 244-unit residential development directly across from the unit, in the Walmart Plaza. This property combines stable rental income, great curb appeal, and tremendous upside for future appreciation - a rare gem in a booming location and the perfect addition to any investor's portfolio. The unit is rented for $5,900 + HST per month on a 5+5-year lease, starting November 2024.can be vacant too.

Sold data

Homes in Crosby — recent sold market

Homes in Crosby took a median of 25 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 48, across 94 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $998,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 30% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
25
Median sale price
$998,000
Sale-to-list ratio
97.0%
Sold above asking
30%

Based on 94 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 (Crosby)

Richmond Hill (Crosby) 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 (Crosby)

  • 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 9 - 10066 BAYVIEW AVENUE