9205 Yonge Street, Richmond Hill, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of North Richvale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,066,000 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
- Convenient underground garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Welcome to Unit NE-2, NE-3, and NE-4, an exceptional opportunity to own a combined commercial space of 1,255 square feet in a prime location at Yonge & 16th. The total space breakdown includes: Unit NE-2 - 283 sq. ft. (PIN: 299490010 | ARN: 38-05-021-43830-00000-01 | Legal: YRSCP 1418 LEV1 - UNIT 10), Unit NE-3 - 671 sq. ft. (PIN: 299490011 | ARN: 38-05-021-43831-00000-04 | Legal: YRSCP 1418 LEV1 - UNIT 11), and Unit NE-4 (details continue). Major value-add: an existing high-end restaurant permit is already in place, providing a unique advantage for a premium dining venture. This flexible space is primed to match your business vision in a dynamic, high-traffic area.
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Pricing & Value Insights
Data-driven valuation for 9205 Yonge Street NE(2-3-4), Richmond Hill, ON L4C 1V5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Richmond Hill, ON
For a property listed at $1,066,000 in Richmond Hill, the legal minimum down payment is $213,200 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 $17,795 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 $17,795.
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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.