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 $850,000 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.
Exceptional Opportunity To Own A Finished Commercial Retail Unit At Yonge & 16th! Located At 9205 Yonge Street, This Approx. 799 Sq. Ft. Unit Offers Excellent Exposure In A High-Density Mixed-Use Development. Suitable For A Variety Of Permitted Uses Including Retail, Professional Office, Service-Based Business & More (Buyer To Verify Permitted Uses With Municipality And Condo Corporation). Finished Interior Allows For Faster Occupancy And Reduced Fit-Out Costs. Underground Commercial Visitor Parking Available On A First-Come, First-Served Basis Through QR Registration System. Convenient Access To Major Highways, Public Transit, Surrounding Residential Communities, And Established Businesses. Excellent Opportunity For End Users Or Investors Looking To Secure Space In A Prime Richmond Hill Location.
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No historical data available for this property.
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Data-driven valuation for 9205 Yonge Street Level 1 unit 9 (NE-1), Richmond Hill, ON L4C 1V5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.
About Purchasing a Home in Richmond Hill, ON
For a property listed at $850,000 in Richmond Hill, the legal minimum down payment is $60,000 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 $13,475 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 $13,475.
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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.