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MLS® N12613022
Richmond Hill, ON
Prime ground floor retail unit at the sought after Royal Gardens community! Spacious 505 sq.ft. w/exceptional street exposure on one of Richmond Hill's busiest corridors, surrounded by high density residential customer base. Ample surface parking right at the front door & one private underground parking space included. Currently leased to high-end fashion showroom, lease can be assumed at attractive 5% cap rate or seller can buyout the lease, perfect for investors seeking stable cash flow or business operators. Ideal location w/ high pedestrian & vehicle traffic, unbeatable access to YRT, GO Transit, Hwy 401, and Hwy 404. Rare opportunity to own a premium commercial unit in a thriving mixed-use community!
Broker
KW Living Realty
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Commercial Retail
372 Hwy 7 #120 Richmond Hill
Richmond Hill
Type
Commercial Retail
Parking
Outside/Surface
Property Tax
~$2,670/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
505 sqft
Parking
Outside/Surface
Finances
List Price
$499,000
Price per SQFT
$988/sqft
Property Tax
~$2,670/yr
Property Specs
Property Type
Commercial Retail
MLS Size
505 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
Richmond Hill
Listed On
Dec 9, 2025
Days on Market
Current: 333 days
Room information is not available for this listing.
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