Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# N12913612

372 Hwy 7 N/A 120, Richmond Hill, ON L4B 0C6

Richmond Hill, ON L4B 0C6

$488,000 Est. $2,073/mo · 20% down, 25-yr, 4.09%
Commercial RetailType

About this property

Prime ground floor retail unit at the sought after Royal Gardens community! Spacious 505 sq.ft. w/exceptional street exposure on one of Richmond Hill's busiest corridors, surrounded by high density residential customer base. Ample surface parking right at the front door & one private underground parking space included. Currently leased to high-end fashion showroom, lease can be assumed at attractive 5% cap rate or seller can buyout the lease, perfect for investors seeking stable cash flow or business operators. Ideal location w/ high pedestrian & vehicle traffic, unbeatable access to YRT, GO Transit, Hwy 401, and Hwy 404. Rare opportunity to own a premium commercial unit in a thriving mixed-use community!

Property Summary

Property TypeCommercial Retail
Community NameDoncrest
Annual Property Taxes$2,670.00
Tax Year2025
Parking TypeOutside/Surface Garage

Building details

Bathrooms / washrooms0
Property typeCommercial Retail

Building Features

StyleCommercial Retail
Fire ProtectionYes

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Open

Parking

Parking TypeOutside/Surface Garage

Taxes & fees

Annual taxes$2,670 (2025)

Listing history

On market sinceMar 24, 2026

Location

Richmond Hill, ON L4B 0C6
Listed by KW Living Realty, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
372 Hwy 7 N/A 120, Richmond Hill, ON L4B 0C6