10123 Yonge Street,Richmond Hill (Crosby), ON L4C1T7
Richmond Hill (Crosby), ON L4C1T7
Description
Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill (id:13843)
Details
| MLS # | N13822266 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 42 |
| Listing Provided By | CENTRAL HOME REALTY INC. | FARSHAD SHAKIBI |
Features
| Zoning | COMMERCIAL |
|---|
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 20855 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Richmond Hill (Crosby) |
| Postal Code | L4C1T7 |
| Listing VS Median (in L4C1T7) | |
Price: $250,000 low | high Med: $1,750 On site: 42 low | high Med: 90 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Richmond Hill (Crosby) |
| Postal Code | L4C1T7 |
| Listing VS Median (in L4C1T7) | |
Price: $250,000 low | high Med: $1,750 On site: 42 low | high Med: 90 | |
