$5,300,000
For sale: Other

Rare opportunity to own your commercial address on Yonge Street - one of Ontario's most iconic and actively intensifying corridors. This move-in-ready 1.5-storey commercial building offers 3,782 sq ft of above-grade space across three levels: basement 823 sq ft, ground floor 2,164 sq ft, and second floor 795 sq ft. Three 8x20 ft storage containers add approximately 480 sq ft of enclosed utility space, easily retrofitted for warm/cold storage. Total GFA approximately 4,250 sq ft.The property holds an active occupancy certificate for retail use and is ready for immediate fit-out to suit your operation. On-site surface parking for 10-12 vehicles - an exceptional and increasingly rare amenity on Yonge Street that adds measurable commercial value for any use. Zoned RMU-COR1, among Richmond Hill's most permissive mixed-use designations, permitting office, major retail, medical, arts and cultural uses, live-work units, short-term accommodation, child care, private school, and more. Fit it out for your own business, lease it to a tenant, or structure a mixed-use strategy across floors. Positioned on a generous ~ 75 x 150 ft lot within Richmond Hill's designated Yonge Street intensification corridor, the Official Plan supports significant mid-to-high-rise densification along this stretch of Yonge. The land underneath this building appreciates on your behalf as the corridor evolves - making this the ideal buy-use-and-hold strategy for the sophisticated owner-occupier or investor. Stop writing rent cheques. Start building equity and capturing long-term land value on one of Ontario's most recognized streets.
Sold data
Homes in Richmond Hill (Harding) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 (Harding) 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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