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MLS® N13721418
Richmond Hill, ON
Exceptional Office Building - 98% Ready to Operate for a Walk-In Clinic, Urgent Care Centre, Surgical Clinic, Medical Centre, pharmacy or Other Healthcare Services. Yonge Street Commercial Investment Opportunity! Well-managed and extensively renovated two-storey retail and professional office building located directly on Yonge Street in the heart of Richmond Hill. This high-exposure property offers strong rental income, established tenants, excellent street presence, and significant long-term investment and future development potential. The building features a distinctive modern exterior with large front patios facing Yonge Street, creating exceptional visibility along one of Richmond Hill's busiest commercial corridors. The property has undergone over $2.5 million in interior and exterior improvements and renovations and has been exceptionally well maintained. The building presents in excellent condition, allowing a new owner to acquire a substantially improved income-producing asset without the immediate need for major renovations. With its combination of high rental income, established tenants, Yonge Street frontage, extensive renovations, parking, accessibility, and future development potential, this property represents an outstanding opportunity for investors and owner-users. The layout may also be particularly well suited for medical, healthcare, professional, legal, financial, or other office uses, subject to applicable zoning and approvals. An excellentopportunity to acquire a high-income commercial property today while maintaining the potential for future redevelopment or intensification. Prime Richmond Hill location on the east side of Yonge Street, approximately one block north of Major Mackenzie Drive. The property benefits from outstanding exposure to Yonge Street traffic and is situated within an established commercial and residential area in the heart of Richmond Hill.
Inclusions
The property currently includes: 4 commercial storefront entrances, established restaurant, law firm / professional retail-office space, 10 professional office units, large restaurant patios facing Yonge St, multiple male and female washroom facilities on each floor, water fountains on each floor, dedicated sink/utility room on each floor for office use, kitchen, extensive rear parking, wheelchair-accessible front and rear entrances, including ramps and accessible entry doors. Mechanical Systems: the property is equipped with: 3 York rooftop heating and cooling units, 2 furnace units located in the lower-level mechanical/furnace room, 1 newly installed dedicated heating and cooling system serving the restaurant.
Broker
FOREST HILL REAL ESTATE INC.
Commercial Retail
10087 Yonge Street Richmond Hill
Richmond Hill
Type
Commercial Retail
Parking
Outside/Surface
Property Tax
~$49,500/yr
Heating
Other
Rental Essentials
Parking
Outside/Surface
Finances
Monthly Rent
$1
Price per SQFT
$0/sqft
Property Tax
~$49,500/yr
Property Specs
Property Type
Commercial Retail
MLS Size
13385 sqft
Living & Amenities
Heating Type
Other
Policies & Utilities
Neighbourhood
Richmond Hill
Listed On
Aug 27, 2026
Days on Market
Current: 72 days
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