$ 478,000

120 - 372 Highway 7, Richmond Hill

Prime ground-floor commercial opportunity at Shops at Royal Gardens, strategically positioned on Highway 7 E in Richmond Hill. This approximately 505 sq. ft. retail/commercial unit offers exceptional street-level exposure in a high-traffic location surrounded by established residential condominiums, retail, restaurants and everyday amenities.The versatile space presents an excellent opportunity for an owner-operator, entrepreneur or investor looking to establish a retail, professional service, personal service or other permitted commercial business. Potential concepts may include boutique retail, beauty or salon services, studio, professional office and other service-oriented businesses, subject to zoning, condominium declaration, licensing and all applicable municipal approvals.Enjoy convenient surface parking directly in front of the unit, plus one private underground parking space. The unit offers excellent visibility and accessibility for both customers and operators, with a strong residential customer base immediately surrounding the property.Ideally located near Bayview Avenue with quick access to Highway 404 and Highway 407, and with Viva/YRT transit conveniently accessible along Highway 7. Surrounded by established residential communities, shops, banks, restaurants and other amenities, this location offers outstanding convenience and exposure.A rare opportunity to own a highly visible ground-floor commercial unit in one of Richmond Hill's established mixed-use communities. Bring your business vision and explore the possibilities at Royal Gardens. (id:1945)
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Property details for 120 - 372 Highway 7, Richmond Hill

Type
Commercial
Living Area
507 square feet
Heating
Other
Cooling
Fully air conditioned
Annual Taxes
$2,770

Nearby Listings Stat

Estimated price and comparable properties near 120 - 372 Highway 7

Active Listings
119
Min Price
$1
Max Price
$5,500,000
Avg Price
$1,195,966
Days on Market
57
days
Sold Listings
45
Min Sold Price
$189,000
Max Sold Price
$3,895,000
Avg Sold Price
$1,239,737
Days until Sold
61
days

Neighbourhood Census Data

Richmond Hill, Ontario

Population
1,250
Median Age
35.2
Median Income
$22,992
Dwelling Value
$341,109

Housing Tenure

Owners 49%
Renters 51%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 12,042.4/km²
Avg Shelter Cost: $1,347/mo
Owners with Mortgage: 58.7%
Owners Spending 30%+: 51.6%
Tenants Spending 30%+: 69.7%
English only: 84.4%
English and French: 3.2%
Neither: 12%
Median Household Income: $42,560
Median Employment Income: $32,032

Price History

Listed
September 18, 2026
by ROYAL LEPAGE SIGNATURE REALTY
Current Price
$478,000
Type
Commercial
For Sale
120 - 372 Highway 7

Contact Agent Get in touch about 120 - 372 Highway 7, Richmond Hill

PARASTOO ERSHADI
PARASTOO ERSHADI
ROYAL LEPAGE SIGNATURE REALTY