1550 16TH Avenue, Richmond Hill, ON

$248,000
MLS#:N13430386
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of Headford Business Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $248,000 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 0 Bathrooms
  • Spacious lot size measured in Feet
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

Location Location Location!! Rare To Find! Turn-Key Bakery For Sale At Leslie St & 16th Ave, Richmond Hill. A Fully Operational Bakery At One Of Richmond Hill's Most Desirable Intersections. Located In The Heart Of One Of The GTA's Most Affluent Communities, This Is The Kind Of Location That Almost Never Comes To Market. Retail Storefront At The Front, Complete Fully Equipped Production Kitchen At The Rear - Everything Ready To Operate From Day One. Built On A Natural And Healthy Ingredients Brand With A Loyal, Growing Local Customer Base. Purpose-Built To The Highest Standard With All Municipal Permits, Professional Design Drawings, And Full Code Compliance. Brand New Certified Commercial Equipment Included - Completely Equipped And Ready To Go. A Once-In-A-Market Opportunity For A Baker, Pastry Chef, Specialty Bakery Operator, Or Any Related Food Business. The Hard Work Is Done - A New Owner Walks In And Hits The Ground Running. Adaptable To Any Bakery Concept For Everyday Sales, Custom Orders, Weddings, Birthdays, Banquets, Festivals, And Celebrations. Adjacent Event Venue Next Door Offers A Natural Catering Partnership Opportunity. Sale Includes All Existing Equipment, Brand, Training, And Leasehold Improvements. Sellers Available For Transition Support. Unique Opportunity In Amazing Location!

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date6/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
CountyYork
Annual Tax$0

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

Interior Features

Security Features

Community Features

Major Highway

Location

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1550 16TH Avenue, 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 1550 16TH Avenue A17, Richmond Hill, ON L4B 3K9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

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Interest Rate5.25%
Down Payment$12,400 (5.0%)
* Minimum Canadian down payment required for this price is $12,400.
Amortization Period25 Years
Estimated Monthly Payment$1,404Based on a loan of $235,600 over 25 years.
Purchase Price$248,000
Loan Amount$235,600
Provincial Land Transfer Tax:$2,205
Total Estimated Closing Taxes:$2,205

About Purchasing a Home in Richmond Hill, ON

For a property listed at $248,000 in Richmond Hill, the legal minimum down payment is $12,400 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,205 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,205.

Nearby Listings

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No current listings found in Richmond Hill.

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City & Neighborhood Guide

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

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,480,298

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

Christ the King
Public329 Valleymede Drive, Richmond Hill, Ontario, L4B 2E1
8.9
Doncrest
PublicRichmond Hill, Ontario
8.3
Bayview Hill
Public81 Strathearn Avenue, Richmond Hill, Ontario, L4B 2J5
8.0
Sixteenth Avenue
Public400 16th Avenue, Richmond Hill, Ontario, L4C 7A9
6.5
St Joseph
Public301 Roney Avenue, Richmond Hill, Ontario, L4C 2H4
7.0

Secondary Schools

Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Jean Vanier
Public10475 Bayview Avenue, Richmond Hill, Ontario, L4C 3P2
7.9

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.