9 - 10066 Bayview Avenue

Richmond Hill, ON

2 bath
937 sqft
Commercial Retail
267 days on market

$1,268,000

Rare investment opportunity! also can be vacant! Exceptional fully leased commercial property at the high-traffic intersection of Bayview Avenue and Major Mackenzie Drive. Currently tenanted by a thriving Mediterranean restaurant, this space features high-end finishes, two bathrooms, stainless steel kitchen components, an 8-ft canopy hood, a tankless hot water system, and a fully equipped commercial setup. Located in a highly desirable area, the property offers excellent street exposure, ample parking, and great convenience - just a 5-minute walk to the Richmond Hill GO Station, with easy access to Highways 404 and 407, and a YRT transit stop nearby. The area's strong growth potential is further supported by Bayview Secondary School (3,000+ students) and a planned 10-storey, 244-unit residential development directly across from the unit, in the Walmart Plaza. This property combines stable rental income, great curb appeal, and tremendous upside for future appreciation - a rare gem in a booming location and the perfect addition to any investor's portfolio. The unit is rented for $5,900 + HST per month on a 5+5-year lease, starting November 2024.can be vacant too.

Listing Details

Taxes (2025): $6,416
Listed: December 11, 2025

Price History

Listing history

Property

Age: 6-15
Lot Size: 15.5 x 60.75 Feet

Parking

Garage: Plaza

Location & Legal

Cross Street: Bayview/Major Mackenzie
Zoning: Commercial
Parcel Number: 297570009
Possession: Immediate
Occupancy: Tenant

Included

Inclusions: Canopy Hood, owned tankless water heater, and so much more!!!....

Community

Postal area L4C

Population: 74,636
Private dwellings: 30,129
Median age: 46
Average household size: 2.6
Median household income: $86,000

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: 1,996
Median days on market: 24
Sale-to-list price: 98.5%

Based on 1,996 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

SUTTON GROUP-ADMIRAL REALTY INC.

Walk Score

Walk

Transit

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Location

Street View

Commercial figures

Building area: 937 sq ft
Price per sq ft: $1,353.26
Annual property tax: $6,416
Tax per sq ft: $6.85

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

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