Unit A - 12270 Yonge Street
Richmond Hill, ON
- Sale Of Business
- 260 days on market
This restaurant is located in a busy Richmond Hill strip plaza with ample free parking and strong daily traffic, surrounded by major anchors including Farm Boy, LCBO, leading banks, and other popular restaurants. Significant investment has been made in the build-out and renovations, positioning the business well for its next stage of growth. The approximately 2,500 sq. ft. unit features a fully equipped kitchen with a 16-ft hood and additional 8-ft hood and a walk-in cooler, and the flexible layout can accommodate a wide range of restaurant concepts. Well known in the surrounding neighbourhoods, the business benefits from steady walk-in traffic and loyal repeat customers. Approximately 7 years remain on the current lease, with the buyer to negotiate a new lease or extension directly with the landlord.
Listing Details
- Listed
- December 15, 2025
Price History
Parking
- Garage
- Plaza
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Yonge/Stouffville
- Zoning
- Commercial
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Restaurant
Included
- Inclusions
- All chattels and appliances are included. The tankless water heater and POS/cashier systems are both owned.
- Exclusions
- Receipts and brand name.
Community
Postal area L4E
- Population
- 54,606
- Private dwellings
- 17,103
- Median age
- 40.4
- Average household size
- 3.3
- Median household income
- $127,000
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
RE/MAX REALTRON REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
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