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*** - *** Hwy 7

*** - *** Hwy 7

Richmond Hill, ON

  • 1,195 sqft
  • Sale Of Business
  • 210 days on market
$200,000

Well-established dry cleaning plant located at the prime intersection of Bayview and Highway 7, surrounded by affluent high-income neighborhoods and situated in a busy, high-traffic plaza. The location benefits from excellent exposure and strong customer flow, further enhanced by emerging new condominiums and the recent opening of a T&T Supermarket within walking distance along the same street, which is expected to significantly increase foot traffic. The business is equipped with cutting-edge, PERC-Free eco-friendly dry cleaning equipment and generates additional revenue through professional alteration services. Proudly operated by the same owner for over 20 years.

Listing Details

Listed
February 2, 2026

Price History

Parking

Garage
Plaza

Location & Legal

Cross Street
BAYVIEW/HWY 7 E
Zoning
Commercial
Parcel Number
299550980
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Dry Cleaning/Laundry

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
1,981
Median days on market
24
Sale-to-list price
98.5%

Based on 1,981 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

RE/MAX ELITE REAL ESTATE

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
1,195 sq ft
Price per sq ft
$167.36

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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