91d - 550 Highway 7 Avenue E, Richmond Hill
Prime Investment Opportunity in the heart of Richmond Hill's bustling Times Square! This highly sought-after 976 sq. ft. ground-floor retail unit offers exceptional business exposure in a high-traffic outdoor mall. Strategically located just minutes from Hwy 404 and Hwy 407, the property features ample surface and underground parking and is anchored by major banks, popular restaurants, and established retail neighbors. The unit is currently tenanted on an open lease term, providing the ultimate flexibility to generate immediate rental income or transition to an owner-user. Don't miss this rare chance to own premium commercial real estate in a thriving transit corridor! (id:1945)
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Property details for 91d - 550 Highway 7 Avenue E, Richmond Hill
- Type
- Commercial
- Living Area
- 976 square feet
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $7,511
Nearby Listings Stat
Estimated price and comparable properties near 91d - 550 Highway 7 Avenue E
Active Listings
64
Min Price
$1
Max Price
$8,000,000
Avg Price
$1,478,806
Days on Market
56
days
Sold Listings
31
Min Sold Price
$260,000
Max Sold Price
$4,499,000
Avg Sold Price
$1,438,238
Days until Sold
77
days
Neighbourhood Census Data
Richmond Hill, Ontario
Population
1,922
Median Age
47.5
Median Income
$23,974
Dwelling Value
$400,171
Housing Tenure
Owners 70%
Renters 31%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.4
Pop. Density: 581.6/km²
Avg Shelter Cost: $1,508/mo
Owners with Mortgage: 56.1%
Owners Spending 30%+: 46.9%
Tenants Spending 30%+: 67.3%
English only: 84.1%
English and French: 4.2%
Neither: 11.7%
Median Household Income: $57,728
Median Employment Income: $31,552
Price History
Listed
June 19, 2026
by PROMPTON REAL ESTATE SERVICES CORP.
Current Price
$888,000
-5.3% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $888,000 | $50,000 (-5.3%) |
| Sep 25, 2026 | $938,000 | Listed |
