9625 Yonge St, Richmond Hill

$690,000

For sale: Other

Other at 9625 Yonge St, Richmond Hill
Property type
Sale Of Business
MLS®
MLS® N14116948
Neighbourhood
Harding

A rare opportunity to take over a highly profitable, well-established Taekwondo school in the heart of Richmond Hill. ** Main instructor master will stay and teach**With many years in operation and a strong reputation in the community, this business has built a loyal, stable student membership base-with membership continuing to grow year after year. The school offers a range of established programs, including after-school care with pickup from local schools, regular Taekwondo instruction, and belt testing and examinations. Its broad appeal and recurring memberships create a strong foundation for continued success. Profitability is a major highlight: the business has consistently reported annual net profits of approximately $350,000-$400,000, offering an attractive opportunity for a new owner seeking an established operation with significant income potential. The spacious premises feature low rent and more than $200,000 in renovations, providing a turnkey setting for the next owner to step in and carry the business forward. The owner is retiring, creating an excellent opportunity for a young master, an ambitious entrepreneur, or business partners to acquire a respected school with established programs, a loyal student community, and strong reported earnings. Bring your vision and build on a successful business from day one.

Sold data

Homes in Harding — recent sold market

Homes in Harding took a median of 24 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 83 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $899,888.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 11% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$899,888
Sale-to-list ratio
96.5%
Sold above asking
17%

Based on 83 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

Richmond Hill 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

  • Corpus Christi — elementaryFraser rating 10.0/10
  • St. Therese of Lisieux — secondaryFraser rating 10.0/10
  • Silver Stream — elementaryFraser rating 9.3/10
  • St Charles Garnier — elementaryFraser rating 9.3/10
  • Bayview — secondaryFraser rating 9.2/10
  • Father Henri J M Nouwen — elementaryFraser rating 9.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 9625 Yonge St