NickLists
Main Property Image
New
▶ Virtual Tour
Property Image 1
Property Image 2
Property Image 3
Property Image 4

$488,000

Commercial Retail

372 Hwy 7 N/A 120, Richmond Hill, ON L4B 0C6Doncrest

Listing Overview

MLS ID:N12913612
Status:New
Type:Commercial / Commercial Retail
Taxes:$2,670 / yr (2025)
Days on Market:14
Listed:2026-03-24
Last Updated:Mar 24, 2026
Cross Street:Hwy 7 / Bayview
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Forced Air Open

Outdoor / Lot

Parking

Garage Type:Outside/Surface

Description

Prime ground floor retail unit at the sought after Royal Gardens community! Spacious 505 sq.ft. w/exceptional street exposure on one of Richmond Hill's busiest corridors, surrounded by high density residential customer base. Ample surface parking right at the front door & one private underground parking space included. Currently leased to high-end fashion showroom, lease can be assumed at attractive 5% cap rate or seller can buyout the lease, perfect for investors seeking stable cash flow or business operators. Ideal location w/ high pedestrian & vehicle traffic, unbeatable access to YRT, GO Transit, Hwy 401, and Hwy 404. Rare opportunity to own a premium commercial unit in a thriving mixed-use community!

Mortgage Calculator