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215 - 550 Highway 7 E

215 - 550 Highway 7 E

Richmond Hill, ON

610 sqft • Commercial Retail • 323 days on market

$249,000

Fantastic opportunity to own a second-floor 610 sq.ft. commercial unit in the famous Times Square Plaza at 550 Highway 7 East, Richmond Hill one of the busiest and most desirable intersections at Hwy 7 & Leslie. Large Windows with South Views. Allows For Many Types Of Businesses And Uses. Ample Free Parking. Easy access to Highway 404, 407, and public transit, and constant high traffic exposure in this vibrant commercial plaza.Times Square is a well-known shopping and business hub in the heart of Richmond Hill, surrounded by high-end restaurants, bubble tea shops, medical offices, banks, and popular Asian supermarkets. Conveniently located near Highways 404 & 407, public transit, and major residential communities, ensuring steady foot traffic and strong business exposure year-round.An exceptional opportunity to start or expand your business in a premium location !

Listing Details

Taxes (2025)
$4,244
Listed
October 3, 2025

Price History

Location & Legal

Cross Street
Leslie St/Highway 7 E
Zoning
Commercial
Possession
Flexible

Commercial

Occupancy
Vacant

Included

Inclusions
AI photo illustrates sample layout for visualization

Community

Postal area L4B

Population
36,080
Private dwellings
13,301
Median age
45.6
Average household size
2.8
Median household income
$97,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Richmond Hill · last 12 months

Median sold price
$1,128,750
Homes sold
1,994
Median days on market
24
Sale-to-list price
98.6%

Based on 1,994 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

RE/MAX PARTNERS REALTY INC.

Location

Commercial figures

Building area
610 sq ft
Price per sq ft
$408.20
Annual property tax
$4,244
Tax per sq ft
$6.96

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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