16-17 - 1285 Elgin Mills Road E, Richmond Hill
A rare chance to secure a fully equipped, turn-key restaurant space in one of Richmond Hill's most active and sought-after commercial plazas. Positioned at a high-traffic intersection surrounded by dense residential communities, top-rated schools, major green space, and convenient highway access - this is the kind of location that operators spend years searching for.2,500 sq ft of professionally built-out restaurant space. 60 seats. Full commercial kitchen designed for high-volume service. This space has proven itself year after year - maintaining a loyal and growing customer base while generating a built-in institutional revenue stream that speaks volumes about the strength and consistency of this location.The previous establishment held LLBO licensing - giving the incoming operator a clear and established path to obtaining their own liquor licence and unlocking a significant additional revenue opportunity from day one.The space is fully equipped and ready for immediate possession. Bring your concept, your cuisine, your brand. Whether you are an experienced operator looking to expand into a proven market or an aspiring owner ready to open your doors in the right location - everything you need is already here.Your vision. Your menu. Your name on the door. The hard part is done - this is your opportunity to walk into a space that was built to succeed and is ready for its next chapter. (id:1945)
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Property details for 16-17 - 1285 Elgin Mills Road E, Richmond Hill
- Type
- Commercial
- Living Area
- 2,540 square feet
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 16-17 - 1285 Elgin Mills Road E
Active Listings
120
Min Price
$1
Max Price
$3,630,000
Avg Price
$1,293,037
Days on Market
58
days
Sold Listings
47
Min Sold Price
$649,000
Max Sold Price
$3,680,000
Avg Sold Price
$1,436,584
Days until Sold
65
days
Neighbourhood Census Data
Richmond Hill, Ontario
Population
6,992
Median Age
40
Median Income
$30,528
Dwelling Value
$898,763
Housing Tenure
Owners 94%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.4
Pop. Density: 1,939.6/km²
Avg Shelter Cost: $2,009/mo
Owners with Mortgage: 74.8%
Owners Spending 30%+: 32.7%
Tenants Spending 30%+: 50%
English only: 85.1%
French only: 0.1%
English and French: 7.8%
Neither: 7.2%
Median Household Income: $102,955
Median Employment Income: $40,090
Price History
Listed
May 26, 2026
by RIGHT AT HOME REALTY
Current Price
$425,000
Type
Commercial
For Sale
