HomeListingsRichmond HillN13468498

550 Highway 7 Avenue Richmond Hill ON

📍 Richmond Hill, Ontario L4B 3Z4

$938,000

Active

📋 Listing Highlights

StatusActive
MLS®N13468498
ListedJun 19, 2026
Days on Market
Property TypeCommercial
StyleCommercial Retail
Cross StreetLeslie/Highway 7

📝 Listing Description

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!

🏠 Property Details

Property TypeCommercial
StyleCommercial Retail

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingYes
GaragePlaza

💰 Financial

List Price$938,000
Annual Taxes$7,510.56 (2026)

🧮 Mortgage Calculator

$187,600
Est. Monthly Payment
$4,608/mo
Principal: $750,400 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by PROMPTON REAL ESTATE SERVICES CORP.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #N13468498 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.