10123 Yonge Street, Richmond Hill, ON

$289,000
MLS#:N12915408
0 beds
2 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] sale of business located in the coveted neighborhood of Crosby. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $289,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 2 Bathrooms
  • Premium 5.4 x 14.19 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air open heating

Excellent Opportunity to own a Turnkey Restaurant on Yonge Street! 10123 Yonge Street with prime Yonge Street exposure and High visibility. This Business generates a strong monthly income of approximately $12,000-$15,000, offering great potential for owner-operators or investors. Fully equipped Kitchen with over $190,000 worth of equipment included in the purchase price, allowing for a seamless transition and immediate operation. Surrounded by residential and commercial traffic, Ensuring consistent customer flow. Don't miss this rare opportunity to own a profitable restaurant in a high-demand location! Favorable lease terms: Total 5-year lease with 3 years remain plus a renewal option for an additional plus a renewal option for an additional 5 years. Affordable rent of $4,700/month including TMI, which is a strong asset for long-term stability and negotiable. Liquor license in place and accessible (disability) washroom, adding significant value and convenience for customers. 32 Seats. Approximately 550 sqft of storage in the basement.

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Key Features

Bathrooms
2
Property Type
Commercial

Additional Details

StatusActive
Listed Date3/24/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
Lot Size5.4 × 14.19 Metres
CountyYork
Annual Tax$0
Legal DescriptionPLAN 511 PT LOT C

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
Cooling["Yes"]

Features

Property Features

Community Features

Location

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10123 Yonge Street, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 10123 Yonge Street, Richmond Hill, ON L4C 1T5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$231,200
Monthly Mortgage$1,343
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$1,693

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Crosby, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,079,559

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

Crosby Heights
Public190 Neal Drive, Richmond Hill, Ontario, L4C 3K8
5.5
Walter Scott
Public500 Major MacKenzie Drive East, Richmond Hill, Ontario, L4C 1J2
3.9
Richmond Rose
Public160 Frank Endean Road, Richmond Hill, Ontario, L4S 1S7
7.9
O M MacKillop
Public206 Lucas Street, Richmond Hill, Ontario, L4C 4P7
5.8
St Joseph
Public301 Roney Avenue, Richmond Hill, Ontario, L4C 2H4
7.0

Secondary Schools

Jean Vanier
Public10475 Bayview Avenue, Richmond Hill, Ontario, L4C 3P2
7.9
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Alexander MacKenzie
Public300 Major MacKenzie Drive West, Richmond Hill, Ontario, L4C 3S3
8.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.