Exceptional Office Building - 98% Ready to Operate for a Walk-In Clinic, Urgent Care Centre, Surgical Clinic, Medical Centre, pharmacy or Other Healthcare Services. Yonge Street Commercial Investment Opportunity! Well-managed and extensively renovated two-storey retail and professional office building located directly on Yonge Street in the heart of Richmond Hill. This high-exposure property offers strong rental income, established tenants, excellent street presence, and significant long-term investment and future development potential. The building features a distinctive modern exterior with large front patios facing Yonge Street, creating exceptional visibility along one of Richmond Hill's busiest commercial corridors. The property has undergone over $2.5 million in interior and exterior improvements and renovations and has been exceptionally well maintained. The building presents in excellent condition, allowing a new owner to acquire a substantially improved income-producing asset without the immediate need for major renovations. With its combination of high rental income, established tenants, Yonge Street frontage, extensive renovations, parking, accessibility, and future development potential, this property represents an outstanding opportunity for investors and owner-users. The layout may also be particularly well suited for medical, healthcare, professional, legal, financial, or other office uses, subject to applicable zoning and approvals. An excellentopportunity to acquire a high-income commercial property today while maintaining the potential for future redevelopment or intensification. Prime Richmond Hill location on the east side of Yonge Street, approximately one block north of Major Mackenzie Drive. The property benefits from outstanding exposure to Yonge Street traffic and is situated within an established commercial and residential area in the heart of Richmond Hill.
| MLS # | N13721418 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 21 |
| Listing Provided By | FOREST HILL REAL ESTATE INC. | N13721418 631909 |
| SQ Feet | 13,385 |
|---|---|
| Acreage | 0.31 |
| Cooling | No |
|---|
| Security Features | No |
|---|
| Utilities | None |
|---|---|
| Sewer | None |
| Tax Annual Amount | 49500 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | LT 25 PL 7032 RICHMOND HILL ; S/T RIGHTS IN R594410 ; TOWN OF RICHMOND HILL |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | York |
| City | Richmond Hill |
| Postal Code | L4C 1T7 |
| Area | Crosby |
| Listing VS Median (in L4C 1T7) | |
Price: $1 low | high Med: $1,675 sqft: 13,385 low | high Med: 650 $ / sqft: $0 low | high Med: $3 On site: 21 low | high Med: 42 | |
| Province | ON |
|---|---|
| County | York |
| City | Richmond Hill |
| Postal Code | L4C 1T7 |
| Area | Crosby |
| Listing VS Median (in L4C 1T7) | |
Price: $1 low | high Med: $1,675 sqft: 13,385 low | high Med: 650 $ / sqft: $0 low | high Med: $3 On site: 21 low | high Med: 42 | |