91D - 550 HIGHWAY 7 AVENUE E, Richmond Hill (Beaver Creek Business Park)

$938,000

For sale: Other

Other at 91D - 550 HIGHWAY 7 AVENUE E, Richmond Hill (Beaver Creek Business Park)
Property type
Commercial Retail
MLS®
MLS® N13468498
Neighbourhood
Beaver Creek Business Park

Prime Investment Opportunity in the heart of Richmond Hill's bustling Times Square! This highly sought-after 976 sq. ft. ground-floor retail unit offers exceptional business exposure in a high-traffic outdoor mall. Strategically located just minutes from Hwy 404 and Hwy 407, the property features ample surface and underground parking and is anchored by major banks, popular restaurants, and established retail neighbors. The unit is currently tenanted on an open lease term, providing the ultimate flexibility to generate immediate rental income or transition to an owner-user. Don't miss this rare chance to own premium commercial real estate in a thriving transit corridor!

Sold data

Homes in Richmond Hill (Beaver Creek Business Park) — recent sold market

Homes in Richmond Hill (Beaver Creek Business Park) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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.

Median days to sell
26
Median sale price
$1,128,800
Sale-to-list ratio
96.8%
Sold above asking
24%

Based on 533 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Richmond Hill (Beaver Creek Business Park)

Richmond Hill (Beaver Creek Business Park) 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 (Beaver Creek Business Park)

  • 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 91D - 550 HIGHWAY 7 AVENUE E