Skip to main content
53 Observatory Lane

53 Observatory Lane

Richmond Hill, ON

  • 7,491 sqft
  • Land
  • 14 days on market
$10,000/moFor Lease

VEHICLE STORAGE & DEALERSHIP OVERFLOW PARKING OPPORTUNITY - CENTRAL RICHMOND HILL! Keep your inventory close and your business moving. Available for lease separately from the building, this approximately 60 ft. x 200 ft. rear yard offers approximately 12,000 sq. ft. of outdoor space in the heart of Richmond Hill. An appealing opportunity for automotive dealerships, vehicle importers, wholesalers and fleet operators seeking a conveniently located base for vehicle storage and overflow parking, subject to permitted use and required approvals. Free up valuable space at your primary location while keeping additional inventory within convenient reach. Consider the possibilities for dealership stock, imported vehicles awaiting their next destination, seasonal inventory or fleet parking. The central location offers a practical alternative for operators seeking storage closer to their local business operations. The rectangular yard provides scope for an organized parking layout, with actual vehicle capacity dependent on access aisles, circulation, setbacks and an approved site layout. This offering is for the designated rear-yard area only; indoor premises are not included. Proposed automotive storage and parking uses are subject to zoning verification, landlord approval and any required municipal approvals. Vehicle transporter access and loading arrangements must be confirmed for the intended operation. LOOKING FOR DEALERSHIP OVERFLOW PARKING, CAR STORAGE OR AUTOMOTIVE INVENTORY SPACE? Arrange a site visit and explore how this centrally located yard could support your business.

Listing Details

Taxes (2025) — owner
$80,000
Listed
September 3, 2026

Price History

Listing history

Sign in to view

Property

Lot Size
200.19 x 615.63 Feet

Utilities

Sewer
None

Location & Legal

Cross Street
YONGE - WELDRICK
Zoning
R-IND
Parcel Number
031450329
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Parking Lot
Rental Term
36-60 months

Included

Inclusions
Use of the designated rear-yard area, approximately 60 ft. x 200 ft., together with access rights expressly identified in the final lease. Leased boundaries and any shared access areas to be shown on an agreed site plan.
Exclusions
Building interiors, offices, retail premises and areas outside the designated leased yard are not included. No equipment, utilities, security services or maintenance services are included unless expressly agreed in the final lease.

Community

Postal area L4C

Population
74,636
Private dwellings
30,129
Median age
46
Average household size
2.6
Median household income
$86,000

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.

Listed by

REMAX YOUR COMMUNITY REALTY

Walk Score

84

Walk

53

Transit

52

Bike

Scores by Walk Score®

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

Interested in this property?

By submitting this form you consent to REintel, operated by Direct Realty Ltd. (6992 Hwy 62, Belleville, ON K8N 0L7) contacting you to respond to your inquiry and send you relevant property listings, market updates, and real-estate information. You can withdraw your consent at any time using the unsubscribe link in every email, or by contacting us at the mailing address above.

Cookie Preferences