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B- 16 East Wilmot Street

B- 16 East Wilmot Street

Richmond Hill, ON

3 bath • 11,500 sqft • Sale Of Business • 157 days on market

$269,000Price reduced 10%

Business for sale without property. Great opportunity to own and operate a fully equipped, well-established stone fabrication business. The company provides a comprehensive range of services, specializing in the fabrication and installation of custom stone applications including countertops, flooring, bathrooms, and kitchens. The premises feature a thoughtfully designed front area, including a spacious reception desk, an inviting showroom, a common room for the staff and a dedicated client meeting room. The location offering approximately 18-foot clear height, abundant natural light, a truck level and a drive-in door, and 400 AMP electrical service -ideal for stone fabrication, processing, and efficient workflow logistics. The current lease rate is highly competitive at $17 per square foot (including TMI), representing strong value relative to comparable industrial spaces in the area.

Listing Details

Originally Listed
$299,000
Listed
March 19, 2026

Price History

Listing history

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Property

Lot Size
175.52 x 274.21 Feet

Location & Legal

Cross Street
Leslie and East Wilmot St
Zoning
M-1
Parcel Number
031250076
Possession
Flexible

Commercial

Business Type
Manufacturing
Occupancy
Tenant
Office / Apartment Area
20 %

Included

Inclusions
Stone Polishing Machine, Stone Cutting Saw (360 Degree Cutting), Stone Cutting Saw (Regular), Air Compressor, Toyota Forklift.
Rental Items
N/A

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
$1,129,500
Homes sold
1,985
Median days on market
24
Sale-to-list price
98.6%

Based on 1,985 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

BAY STREET GROUP INC.

Commercial figures

Building area
11,500 sq ft
Price per sq ft
$23.39

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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