#12 11611 Yonge Street, Richmond Hill (Jefferson), Ontario, L4E3N8




$518,999
Richmond Hill
This retail property in Richmond Hill is for sale offering roughly 576 sq ft of space. It has been on the market 15 days, fresher than the Richmond Hill average of 33 days.
Rare opportunity to acquire a well-positioned commercial property within a multi- tenant plaza located at the highly sought-after intersection of Yonge Street & 19th Avenue in the Jefferson community of Richmond Hill. Set along one of the GTA's most established and recognizable corridors, this property benefits from outstanding visibility, strong exposure, and steady traffic flow, making it an ideal acquisition for both investors and owner-users.The plaza is surrounded by dense, established residential neighbourhoods, schools, and complimentary commercial uses, creating a reliable and consistent customer base. With excellent accessibility, ample on-site parking, and proximity to public transit, the location supports long-term commercial viability and tenant demand.The property offers flexibility for a variety of commercial uses, including retail, professional office, medical, and service-oriented businesses (subject to zoning and municipal approvals), allowing buyers to adapt the space to evolving market needs. Convenient access to major arterial roads further enhances regional connectivity and future value.A compelling opportunity to secure commercial real estate in a high-demand Richmond HIll location where quality inventory is limited. Ideal for buyers seeking visibility, versatility, and long-term growth potential. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 33 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 retail in Richmond Hill (Jefferson) has been listed for 15 days, which is 18 days fresher than the city average of 33. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $518,999, about 4.1× the local median household income of $127,000.
Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L4E)
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