11611 Yonge Street, Richmond Hill, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Jefferson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $720,270 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
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient none heating
Description
Rare opportunity to acquire a well-positioned commercial property within a multi-tenant plaza located at the highly sought-after intersection of Yonge Street & 19th Avenue in the Jefferson community of Richmond Hill. Set along one of the GTA's most established and recognizable corridors, this property benefits from outstanding visibility, strong exposure, and steady traffic flow, making it an ideal acquisition for both investors and owner-users.The plaza is surrounded by dense, established residential neighbourhoods, schools, and complimentary commercial uses, creating a reliable and consistent customer base. With excellent accessibility, ample on-site parking, and proximity to public transit, the location supports long-term commercial viability and tenant demand.The property offers flexibility for a variety of commercial uses, including retail, professional office, medical, and service-oriented businesses (subject to zoning and municipal approvals), allowing buyers to adapt the space to evolving market needs. Convenient access to major arterial roads further enhances regional connectivity and future value.A compelling opportunity to secure commercial real estate in a high-demand Richmond HIll location where quality inventory is limited. Ideal for buyers seeking visibility, versatility, and long-term growth potential.
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Pricing & Value Insights
Data-driven valuation for 11611 Yonge Street 1, Richmond Hill, ON L4E 1G2
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $720,270 in Richmond Hill, the legal minimum down payment is $47,027 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,880 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,880.
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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.