207 - 550 Highway 7

Richmond Hill, ON

480 sqft • Commercial Retail • 170 days on market

$199,000

Located inside Times Square Building A, this second floor corner unit with extra-wide window display area sits right beside the escalator for maximum visibility and foot traffic. Just steps from the bus station and offering quick access to HWY 404 and 407. The mall features a vibrant mix of businesses-including restaurants, banks, medical offices, hair salons, and health and clinics. Ample outdoor and underground parking is available for customers and staff. The unit is well-suited for retail, service, or professional office. ***This unit also includes two underground parking spaces, for which the owner currently receives a monthly credit of $172.09 toward management fees, subject to annual review.

Listing Details

Taxes (2025): $2,437
Listed: March 10, 2026

Price History

Listing history

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: Hwy 7 / Leslie
Zoning: Commercial
Possession: Flexible

Commercial

Occupancy: Tenant
Office / Apartment Area: 480 Sq Ft
Rental Term: 60 months

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: $1,125,000
Homes sold: 1,978
Median days on market: 24
Sale-to-list price: 98.6%

Based on 1,978 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

HOMELIFE NEW WORLD REALTY INC.

Walk Score

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Location

Commercial figures

Building area: 480 sq ft
Price per sq ft: $414.58
Annual property tax: $2,437
Tax per sq ft: $5.08

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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