29 - 160 East Beaver Creek Road

Richmond Hill, ON

2,012 sqft
Sale Of Business
204 days on market

$1Price reduced 100%

10+ Years of Continuous Operations - Established in 2015, this business has built a loyal customer base and strong reputation in the GTA. The seller is retiring, offering a rare opportunity to acquire a turnkey operation. Beautiful and bright 2,012 sq. ft. showroom; lease term until July 31, 2027 with another three years renew options. Two Streams of Revenue: 1. Flooring Division (Showroom Based): - Fully stocked showroom featuring engineered hardwood, luxury vinyl plank (LVP), and complementary flooring products. - established supplier relationships across the supply chain. - Display inventory and samples included 2. Renovation Division: - Full-service residential renovation capabilities. - Expanding product lines include: Smart toilets and bidets; Smart doorbells and home security integration; Kitchen cabinets and millwork; Bathroom vanities and fixtures; - Commercial renovation projects also serviced (select clientele) Growing Smart Home Product Line - Positioned for the growing demand in home automation and smart technology integration. FINANCIAL & OPERATIONAL: - Profitable Operations - Verified financials available to qualified buyers upon signing a Confidentiality Agreement. - Lease in Place - Commercial unit in high-traffic Beaver Creek Business Park; - Inventory valued at approximately $50,000(at cost), including all showroom flooring samples, display units, and etc. - Equipment Included - Office furniture, shelving, display racks, computer systems, and renovation tools/equipment (Equipment list will be provide for qualified buyers); - Training/Transition Support - Seller willing to provide Two weeks reasonable training period to ensure smooth handover; FINANCING AVAILABLE: VENDOR FINANCING may be available for qualified buyer. Terms to be discussed upon conditional agreement. The seller has spent a decade building supplier relationships, customer trust, and operational systems.

Listing Details

Taxes (2025): $7,314
Originally Listed: $249,900
Listed: February 21, 2026

Price History

Listing history

Parking

Garage: Outside/Surface

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: Hwy 7 and 404
Zoning: M-1 Zoning Ideal For Showrooms Other Multiple Uses
Parcel Number: 292900029
Possession: Flexible
Occupancy: Tenant

Commercial

Business Type: Home Improvement

Included

Inclusions: DISCLOSURES & CONDITIONS: - This is an asset sale (business assets, goodwill, and lease assignment). No shares are being transferred. - All financial representations are based on seller-provided information. The sale is conditional upon Landlord consent to lease assignment. Seller will assist. - HST applicable to the sale price (if any is in addition to the purchase price unless otherwise negotiated. SHOWING REQUIREMENTS: Strictly by appointment through showing systems. All interested buyers must sign a Confidentiality/Non-Disclosure Agreement first, before the co-operative agent to book a showing. All the showing need to be approved in 48 hours in advanced.

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: 1,969
Median days on market: 24
Sale-to-list price: 98.4%

Based on 1,969 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

BAY STREET GROUP INC.

Walk Score

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Location

Street View

Commercial figures

Building area: 2,012 sq ft
Price per sq ft: $0.00
Annual property tax: $7,314
Tax per sq ft: $3.64

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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