Just Listed
Address
10123 Yonge Street, Richmond Hill, ON
Price
$ 250,000
Property Attributes
  • ID#N13822266
  • TypeCommercial
  • Listing Status New
  • CityRichmond Hill
  • AreaCrosby
  • NeighbourhoodCrosby
  • Postal CodeL4C 1T7
  • StyleRestaurant
  • Taxes$ 20855
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill

Price History
9/24/2026 Listed $250,000

General Features

Cooling Yes
Heater Type Gas Forced Air Open
Property Subtype Sale Of Business
Tax Year 2026
Lot Depth 14.19
Business Type Restaurant
County York
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Richmond Hill
Senior Community Y/N No
Lot Size Units Metres
Property Attached Y/N No
Tax Annual Amount 20855.0
Standard Status Active
Occupancy Type Owner

Interior Features

Clear Height Inches 8
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
SeatingCapacity 20

Exterior Features

Garage Type Outside/Surface
Spa No
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L4C 1T7

Price
AVG $1.18M
$250K
Taxes
AVG $29,037
$20,855