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LeaseCommercial Retail

550 Highway 7 N/A E

Richmond Hill, ON L4B 3Z4

Price

$20

per sq ft net

Building Size

3,527 sq ft

MLS# N13843580 | Listed by PREMIER GROUP REALTY INC.

Business Details

Business Type

Hospitality/Food Related

Property Use

Commercial Condo

Monthly commercial rent estimator

Estimate base rent plus TMI. Listing values are starting points, not a lease quote. Confirm the rentable area and rate periods with the listing agent.

Listed price basis: Sq Ft Net. Reported TMI amount: 39.5; its rate basis needs confirmation.

Verify this is the leased premises, not the whole building or land area.

Applies the entered rate to rent plus TMI. Confirm tax treatment separately.

Confirm the rate bases and complete the required amounts to calculate. Unknown TMI is not treated as zero.

Excludes HST. Excludes utilities, insurance, deposits and other charges unless included in your inputs. TMI and rent may change; verify the lease terms.

Commercial Space & Financials

Retail Area

3,527 sq ft

Reported TMI — confirm rate basis

$39.5

Property Description

Prime second-floor commercial space available at one of Richmond Hill's most prominent mixed-use addresses along the Highway 7 corridor. This 3,527 sq ft unit is currently built out as a restaurant and cafe, featuring an existing commercial kitchen infrastructure, dining area, and customer-facing layout - offering significant savings on leasehold improvements for food and beverage operators looking to hit the ground running. Millions spent on leasehold and mechanical systems, flexibility for incoming occupants to take over a fully operational setup or reimagine the footprint for their concept. Situated within a high-traffic, established retail and commercial node, 550 Highway 7 E benefits from exceptional visibility, strong daytime and evening foot traffic, and a dense surrounding residential and professional population. The building is easily accessible by transit and offers ample surface and structured parking for customers and staff.

Price & Status History

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Location

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550 Highway 7 N/A E, Richmond Hill L4B 3Z4

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Listing Courtesy of: PREMIER GROUP REALTY INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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