$ 250,000

10123 Yonge Street, Richmond Hill

Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill (id:1945)
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Property details for 10123 Yonge Street, Richmond Hill

Type
Commercial
Lot Size
Unit=5.14 x 14.19 M
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Annual Taxes
$20,855 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 10123 Yonge Street

Active Listings
280
Min Price
$1
Max Price
$47,500,000
Avg Price
$1,644,282
Days on Market
55
days
Sold Listings
104
Min Sold Price
$1
Max Sold Price
$4,999,900
Avg Sold Price
$1,433,191
Days until Sold
67
days

Neighbourhood Census Data

Richmond Hill, Ontario

Population
609
Median Age
48.1
Median Income
$30,144
Dwelling Value
$849,106

Housing Tenure

Owners 64%
Renters 39%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3
Pop. Density: 2,734.6/km²
Avg Shelter Cost: $1,622/mo
Owners with Mortgage: 33.3%
Owners Spending 30%+: 27.3%
Tenants Spending 30%+: 52.6%
English only: 88.5%
English and French: 9%
Neither: 1.6%
Median Household Income: $77,568
Median Employment Income: $27,968

Price History

Listed
September 24, 2026
by CENTRAL HOME REALTY INC.
Current Price
$250,000
Type
Commercial
For Sale
10123 Yonge Street

Contact Agent Get in touch about 10123 Yonge Street, Richmond Hill

FARSHAD SHAKIBI
CENTRAL HOME REALTY INC.