9610 Yonge Street, Richmond Hill, ON
Property Highlights
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 $699,800 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 1 Bathroom
- Premium 20 x 32.5 ft lot size
- Convenient visitor garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
An exceptional opportunity to own a prime commercial condo in the heart of Richmond Hill's highly desirable North Richvale community. Ideally positioned along bustling Yonge Street, this unit offers outstanding exposure and prominent signage potential-perfect for maximizing your business visibility. This versatile space is well-suited for a wide range of uses including professional offices, retail, or service-based businesses. Currently operating as a fully equipped hair salon, the unit is offered with existing fixtures included, providing a seamless, turnkey opportunity for owner-operates or investors alike. Thoughtfully laid out, the unit features a welcoming reception area, a spacious open-concept main area, a private office room, and a washroom-designed to accommodate both functionality and client comfort. Surrounded by high-traffic anchor tenants including T&T Supermarket, major banks, Shoppers Drug Mart, Party City, medical centres, and a variety of popular restaurants, this location benefits from consistent foot traffic and strong neighborhood demographics. Whether you're looking to establish your own business or expand your investment portfolio, this is a rare opportunity to secure a high-exposure commecial space in one of Richmond Hill's most vibrant corridors. Vendor Take-Back (VTB) financing may be available for a portion of the purchase price, with flexible terms to be negotiated.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 9610 Yonge Street A8, Richmond Hill, ON L4C 1V6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $699,800 in Richmond Hill, the legal minimum down payment is $44,980 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 $10,471 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 $10,471.
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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.
