C1 - 8888 YONGE STREET, Richmond Hill (South Richvale)

$1,297,000

For sale: Other

Other at C1 - 8888 YONGE STREET, Richmond Hill (South Richvale)
Property type
Commercial Retail
MLS®
MLS® N13055508
Neighbourhood
South Richvale

Presenting Unit C1-an exceptional brand-new commercial space at 8888 Yonge Street, right at the vibrant intersection of Yonge & Highway 7 in Richmond Hill. This unit boasts a total of 1,932 sq ft, with 748 sq ft on the ground floor and 1,184 sq ft on the mezzanine level-connected by stairs, with potential to add a lift if desired. Facing Yonge Street, this unit offers not only a prime location but also a great view, making it an ideal space to showcase your business. Designed for flexibility, this unit includes underground visitor parking (P1) with direct elevator access to the commercial area. Zoned for a variety of uses, with a special emphasis on medical businesses, this space is ready for your vision. Plus, a VTB (vendor take-back) option is available at a favorable rate. Don't miss the chance to establish your business in one of Richmond Hill's most sought-after commercial hubs! Parking is available for purchase at $60,000 and lockers at $5,000.

Sold data

Homes in South Richvale — recent sold market

Homes in South Richvale took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 55, across 78 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.

The median sale price was $1,486,888.

Homes sold for about 4.6% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$1,486,888
Sale-to-list ratio
95.4%
Sold above asking
17%

Based on 78 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 (South Richvale)

Richmond Hill (South Richvale) 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 (South Richvale)

  • 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 C1 - 8888 YONGE STREET