1285 Elgin Mills Road, Richmond Hill, ON

$425,000
MLS#:N13176754
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] sale of business located in the coveted neighborhood of Rouge Woods. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $425,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air open heating

A rare chance to secure a fully equipped, turn-key restaurant space in one of Richmond Hill's most active and sought-after commercial plazas. Positioned at a high-traffic intersection surrounded by dense residential communities, top-rated schools, major green space, and convenient highway access - this is the kind of location that operators spend years searching for.2,500 sq ft of professionally built-out restaurant space. 60 seats. Full commercial kitchen designed for high-volume service. This space has proven itself year after year - maintaining a loyal and growing customer base while generating a built-in institutional revenue stream that speaks volumes about the strength and consistency of this location.The previous establishment held LLBO licensing - giving the incoming operator a clear and established path to obtaining their own liquor licence and unlocking a significant additional revenue opportunity from day one.The space is fully equipped and ready for immediate possession. Bring your concept, your cuisine, your brand. Whether you are an experienced operator looking to expand into a proven market or an aspiring owner ready to open your doors in the right location - everything you need is already here.Your vision. Your menu. Your name on the door. The hard part is done - this is your opportunity to walk into a space that was built to succeed and is ready for its next chapter.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date5/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
CountyYork
Annual Tax$0

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
Cooling["Yes"]

Features

Property Features

Community Features

Location

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1285 Elgin Mills Road, Richmond Hill, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1285 Elgin Mills Road E 16-17, Richmond Hill, ON L4S 0B5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$340,000
Monthly Mortgage$1,976
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$2,326

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Richmond Hill.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rouge Woods, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,430,600

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Local Schools Guide

Elementary Schools

Richmond Rose
Public160 Frank Endean Road, Richmond Hill, Ontario, L4S 1S7
7.9
Redstone
Public235 Redstone Road, Richmond Hill, Ontario, L4S 2E2
8.0
Our Lady Help of Christians
Public275 Redstone Road, Richmond Hill, Ontario, L4S 2H1
7.7
Silver Stream
PublicSilver Stream Avenue, Richmond Hill, Ontario, L4S 0A1
9.3
Crosby Heights
Public190 Neal Drive, Richmond Hill, Ontario, L4C 3K8
5.5

Secondary Schools

Jean Vanier
Public10475 Bayview Avenue, Richmond Hill, Ontario, L4C 3P2
7.9
Bayview
Public10077 Bayview Avenue, Richmond Hill, Ontario, L4C 2L4
9.2
Richmond Green
Public1 William F. Bell Parkway, Richmond Hill, Ontario, L4S 2T9
8.3
Richmond Hill
Public189 Weldrick Road East, Richmond Hill, Ontario, L4C 0A6
8.3
Norval-Morrisseau
Public51 Wright Street, Richmond Hill, Ontario, L4C 4A1
8.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.