$38,000
For sale: Other

Excellent opportunity to acquire a turnkey indoor golf studio and after-school academic business in a high-traffic SmartCentres Plaza in Richmond Hill. Approx. 1,881 sq ft featuring 2 golf simulator bays with owned Impact Vision simulators and automatic tee systems, with the remaining area currently used as academic classroom space. Ideal for golf academy, after-school program, or professional office use. Current rent is $9,092.60/month including TMI and HST. Current lease in place until September 2026, with a new 2-year lease term available subject to landlord's consent. The seller will prioritize buyers who are able to take occupancy as soon as possible. Strong applicants with good credit, relevant experience, and proof of assets will be viewed favourably. Financial statements will not be provided at the seller's request; however, recent sales records from the Skedda automated booking/payment system can be shared, based on the current operation of 2 simulator bays. All existing equipment is fully owned by the seller and is included in the sale on an as-is basis. Existing fixtures are also included and to be assumed on an as-is basis. Please note that future redevelopment of the property is planned; however, as final approval is expected to take considerable time, all units are currently being actively operated, with many recently leased or renewed. The lease also contains a 6-month demolition clause.
Sold data
Homes in Richmond Hill (Rouge Woods) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 (Rouge Woods) 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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