For Sale

372 Hwy 7 N/A Unit# 120, Richmond Hill, Ontario L4B 0C6

$499,000

372 Hwy 7 N/A Unit# 120, Richmond Hill, Ontario L4B 0C6 is For Sale and has a listing price of 499,000. The property is located in the Richmond Hill . It's been on the website for 2 Days.

  • MLS ID: N12613022
  • Office Name KW Living Realty
Property Description

Prime ground floor retail unit at the sought after Royal Gardens community! Spacious 505 sq.ft. w/exceptional street exposure on one of Richmond Hill’s busiest corridors, surrounded by high density residential customer base. Ample surface parking right at the front door & one private underground parking space included. Currently leased to high-end fashion showroom, lease can be assumed at attractive 5% cap rate or seller can buyout the lease, perfect for investors seeking stable cash flow or business operators. Ideal location w/ high pedestrian & vehicle traffic, unbeatable access to YRT, GO Transit, Hwy 401, and Hwy 404. Rare opportunity to own a premium commercial unit in a thriving mixed-use community!

Property Details
  • MLS ID: N12613022
  • Price: $499,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: N12613022
  • Year Built: N/A
  • Dir / Cross St: Hwy 7 / Bayview
  • Status: Active
  • Tax Year: 2025
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
12/09/2025 N12613022 $499,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Richmond Hill
  • $1,648,251 Average List Price
    based on 1 year
  • 633 New Listings
    based on 30 days
  • 113 Median Days on Market
    based on 1 year
  • List vs. Selling Price 238.6 % Up
  • Sold (12mo) 1,063
  • Rented (12mo) 1,362

  • 1 Month Change +35.0%
  • 3 Month Change +39.4%
  • 6 Month Change +63.9%
Walkscore
Property Type Distribution
  • All Houses
    68.83%
  • Commercial
    5.47%
  • Condo
    25.61%
  • Land for Sale
    0.08%
  • Parking
    0.01%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Taxes: $2,670
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 09/12/2025 17:26:11
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