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16-17 - 1285 Elgin Mills Road

16-17 - 1285 Elgin Mills Road

Richmond Hill, ON

  • 2,540 sqft
  • Sale Of Business
  • 109 days on market
$425,000

A rare chance to secure a fully equipped, turn-key restaurant space in one of Richmond Hill's most active and sought-after commercial plazas. Positioned at a high-traffic intersection surrounded by dense residential communities, top-rated schools, major green space, and convenient highway access - this is the kind of location that operators spend years searching for.2,500 sq ft of professionally built-out restaurant space. 60 seats. Full commercial kitchen designed for high-volume service. This space has proven itself year after year - maintaining a loyal and growing customer base while generating a built-in institutional revenue stream that speaks volumes about the strength and consistency of this location.The previous establishment held LLBO licensing - giving the incoming operator a clear and established path to obtaining their own liquor licence and unlocking a significant additional revenue opportunity from day one.The space is fully equipped and ready for immediate possession. Bring your concept, your cuisine, your brand. Whether you are an experienced operator looking to expand into a proven market or an aspiring owner ready to open your doors in the right location - everything you need is already here.Your vision. Your menu. Your name on the door. The hard part is done - this is your opportunity to walk into a space that was built to succeed and is ready for its next chapter.

Listing Details

Listed
May 26, 2026

Price History

Parking

Garage
None

Location & Legal

Cross Street
Elgin Mills/Leslie
Zoning
Restaurant
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Restaurant

Included

Inclusions
Ecology hood, Dough sheeter and mixer, Walk in cooler, Walk in freezer, Pizza oven 18 inch, 15 ft hood fan, 2 fryers, Burger prep table, Pizza prep table, Grill and 2 burners, Ice machine, Drink fountain, Ice cream machine, 2 projectors, 4 tvs. All equipment to be included as is
Exclusions
Brand name not included
Rental Items
Magic white dishwasher and Coke fridge

Community

Postal area L4S

Population
36,688
Private dwellings
11,480
Median age
43.2
Average household size
3.2
Median household income
$119,000

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
1,976
Median days on market
24
Sale-to-list price
98.4%

Based on 1,976 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

RIGHT AT HOME REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
2,540 sq ft
Price per sq ft
$167.32

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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