10123 Yonge St is a business in Richmond Hill, listed for $250,000.
1The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage.
2More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Richmond Hill
About 10123 Yonge Street
Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill
Richmond Hill business priced at $250,000 — book a tour to see if it fits your search.
Inside 10123 Yonge St
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
10123 Yonge St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13822266$250,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 10123 Yonge St Compares to the Richmond Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Richmond Hill
Other homes for sale in Richmond Hill around $250K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.9%On average, homes sold below asking.
Active listings1,168Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with Apr 15 – Jul 14, 2026: prices up.
Based on 842 sales from Jul 14 – Oct 12, 2026 (569 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
10123 Yonge St is listed at $250,000 (MLS® N13822266). Summitly updates the price as soon as the MLS® record changes.
Has the price of 10123 Yonge St changed?
No — 10123 Yonge St is still listed at its original asking price of $250,000.
How many bedrooms and bathrooms does 10123 Yonge St have?
The listing for 10123 Yonge St doesn't publish its bedroom and bathroom count. It is a commercial property in Richmond Hill.
Is 10123 Yonge St close to transit?
The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 880 m (about a 11-minute walk) in a straight line. Langstaff GO Station is about 4.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 10123 Yonge St compare with other homes in Richmond Hill?
Its asking price of $250,000 is about 78% below the median sold price in Richmond Hill over the last 90 days, $1,135,500, across 842 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 10123 Yonge St been sold before?
Summitly has no earlier MLS® sale or lease of 10123 Yonge St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 10123 Yonge St?
10123 Yonge St is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 10123 Yonge St been on the market?
23 days — 10123 Yonge St was listed on September 19, 2026.
What is the land transfer tax on 10123 Yonge St?
About $2,225 in Ontario land transfer tax at the asking price of $250,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 10123 Yonge St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 10123 Yonge St?
The listing for 10123 Yonge St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Richmond Hill.
When was 10123 Yonge St built?
The listing for 10123 Yonge St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
