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221A - 550 Highway 7 E

221A - 550 Highway 7 E

Richmond Hill, ON

  • 556 sqft
  • Commercial Retail
  • 306 days on market
$270,000

Prime second floor retail space in well established Times Square shopping plaza. Rarely offered unit with existing plumbing in place, currently used as a nail shop, suitable for all businesses, particularly personal service business that requires use of water like spa and clinics. Well maintained, bright unit with one treatment room and pantry. Neighbouring with great mix of commercial tenants including banks, medical clinics, restaurants. Plaza located in prime Richmond Hill location with high vehicular and pedestrian traffic, close to Hwys 404 & 407. Plenty of visitor parking spaces including surface and underground.

Listing Details

Taxes (2025)
$3,830
Listed
October 30, 2025

Price History

Parking

Garage
Underground

Location & Legal

Cross Street
Leslie St/Highway 7 E
Zoning
Commercial
Possession
Other
Occupancy
Owner

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
$1,120,000
Homes sold
1,982
Median days on market
24
Sale-to-list price
98.5%

Based on 1,982 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

ELITE CAPITAL REALTY INC.

Walk Score

91

Walk

50

Transit

79

Bike

Scores by Walk Score®

Commercial figures

Building area
556 sq ft
Price per sq ft
$485.61
Annual property tax
$3,830
Tax per sq ft
$6.89

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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