Welcome to this remarkable commercial retail located in the coveted neighborhood of North Richvale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,255,000 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.
**Rare Medical & Commercial Investment Opportunity at Yonge & 16th!**Welcome to Unit NE-2-3-4, a rare 1,255 sq. ft. combined commercial condominium in one of Richmond Hill's most desirable commercial locations. This unique offering combines three units into one open-concept space with no interior dividing walls, providing exceptional flexibility for a medical clinic, family physician, dental office, pharmacy, physiotherapy, chiropractic, diagnostic or wellness centre, cosmetic medical practice, as well as professional offices, retail, beauty, spa, café, restaurant, and other service-related businesses (subject to municipal approval).Medical zoning has been obtained, making this an outstanding opportunity for healthcare professionals. Buyers and their representatives are responsible for verifying all permitted uses, zoning, licensing, permits, and municipal requirements with the Town of Richmond Hill. The unfinished interior offers a blank canvas to design and customize the space to suit your business and brand. The three units are currently combined but may also be purchased individually, allowing buyers to select the size that best fits their needs. Ideally located at the busy intersection of Yonge Street & 16th Avenue, this property offers excellent visibility, strong traffic exposure, outstanding demographics, and convenient access to Highways 407 and 404, public transit, and surrounding residential neighbourhoods. Underground visitor parking is available on a first-come, first-served basis through a convenient QR code registration system. Whether you're opening a medical practice, expanding your business, or investing in a premier commercial location, this property offers exceptional flexibility, exposure, and long-term potential.
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This commercial retail located at 9205 Yonge Street, Richmond Hill is currently for sale and has been available on SousaSells for 11 days. This property is listed at $1,255,000 with an estimated mortgage of $4,177* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 9205 Yonge Street, Richmond Hill is in the North Richvale neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in North Richvale, Richmond Hill.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 9205 Yonge Street, Richmond Hill, ON in North Richvale, Richmond Hill is $1,255,000.
This property features null bedrooms and null bathrooms.
9205 Yonge Street, Richmond Hill, ON is a Commercial Retail () featuring a basement.
Security features include: Yes.
Heating is provided via standard central heat and cooling via Yes.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 9205 Yonge Street Level 1, NE (2-3-4), Richmond Hill, ON L4C 1V5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,255,000 in Richmond Hill, the legal minimum down payment is $251,000 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 $21,575 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 $21,575.
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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.