91D - 550 Highway 7 Avenue

Richmond Hill, ON

976 sqft
Commercial Retail
79 days on market

$938,000

Prime Investment Opportunity in the heart of Richmond Hill's bustling Times Square! This highly sought-after 976 sq. ft. ground-floor retail unit offers exceptional business exposure in a high-traffic outdoor mall. Strategically located just minutes from Hwy 404 and Hwy 407, the property features ample surface and underground parking and is anchored by major banks, popular restaurants, and established retail neighbors. The unit is currently tenanted on an open lease term, providing the ultimate flexibility to generate immediate rental income or transition to an owner-user. Don't miss this rare chance to own premium commercial real estate in a thriving transit corridor!

Listing Details

Taxes (2026): $7,511
Listed: June 19, 2026

Price History

Parking

Garage: Plaza

Location & Legal

Cross Street: Leslie/Highway 7
Zoning: Commercial Condo
Parcel Number: 293930078
Possession: 30-59 days
Occupancy: Tenant

Included

Exclusions: Gas & Hydro & Water

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: 1,987
Median days on market: 24
Sale-to-list price: 98.5%

Based on 1,987 recorded sales of commercial properties in Richmond Hill over the last 12 months.

Listed by

PROMPTON REAL ESTATE SERVICES CORP.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 976 sq ft
Price per sq ft: $961.07
Annual property tax: $7,511
Tax per sq ft: $7.70

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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