13237 Yonge Street, Richmond Hill (Oak Ridges Lake Wilcox) - Business for Sale
13237 Yonge Street, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E1B6
This business in Richmond Hill is for sale offering roughly 3,100 sq ft of space.
Description
Excellent opportunity to acquire a spacious, fully equipped restaurant in a prime Richmond Hill location. Approx. 3,100 sq. ft. corner unit situated in a busy plaza with ample parking and strong visibility. The restaurant offers approximately 95 indoor seats plus patio seating, providing excellent capacity for high-volume dining, group gatherings and private events. Features impressive 22-23 ft ceilings, a 16-ft commercial hood, tandoor, walk-in cooler and freezer. Functional layout includes dedicated dining, kitchen, prep and storage areas for efficient operation. Suitable for Asian, Middle Eastern or a variety of other restaurant concepts, with flexibility for rebranding. Strong potential for dine-in, takeout, catering and event business. (id:66096)
Property Details
- MLS®
- N13733886
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial/Hospitality
- Interior Size
- 3,100 ft²
- Building Area
- 3,100 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 66 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 66 days on market, against an average age of 47 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Richmond Hill (Oak Ridges Lake Wilcox) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4E)
This home lists at $600,000, about 4.7× the local median household income of $127,000.
Carrying it typically needs a household income of about $117,201 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $127,000
- Population
- 54,606
- Median age
- 40.4
- Owner / renter
- 87% / 13%
- Avg. household size
- 3.3
Source: Statistics Canada, 2021 Census (FSA L4E)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →No similar listings for sale right now.
$600,000
Richmond Hill