Richmond Hill, ON · · MLS® N13176754Updated
$425,000
1285 Elgin Mills Rd E #16-17 is a business in Richmond Hill, listed for $425,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
A rare chance to secure a fully equipped, turn-key restaurant space in one of Richmond Hill's most active and sought-after commercial plazas. Positioned at a high-traffic intersection surrounded by dense residential communities, top-rated schools, major green space, and convenient highway access - this is the kind of location that operators spend years searching for.2,500 sq ft of professionally built-out restaurant space. 60 seats. Full commercial kitchen designed for high-volume service. This space has proven itself year after year - maintaining a loyal and growing customer base while generating a built-in institutional revenue stream that speaks volumes about the strength and consistency of this location.The previous establishment held LLBO licensing - giving the incoming operator a clear and established path to obtaining their own liquor licence and unlocking a significant additional revenue opportunity from day one.The space is fully equipped and ready for immediate possession. Bring your concept, your cuisine, your brand. Whether you are an experienced operator looking to expand into a proven market or an aspiring owner ready to open your doors in the right location - everything you need is already here.Your vision. Your menu. Your name on the door. The hard part is done - this is your opportunity to walk into a space that was built to succeed and is ready for its next chapter.
Richmond Hill business priced at $425,000 — book a tour to see if it fits your search.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: RIGHT AT HOME REALTY, BrokerageMLS® N13176754 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other homes for sale in Richmond Hill around $425K.
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Based on 779 sales from Aug 10 – Nov 8, 2026 (642 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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1285 Elgin Mills Rd E #16-17 is listed at $425,000 (MLS® N13176754). Summitly updates the price as soon as the MLS® record changes.
No — 1285 Elgin Mills Rd E #16-17 is still listed at its original asking price of $425,000.
The listing for 1285 Elgin Mills Rd E #16-17 doesn't publish its bedroom and bathroom count. It is a commercial property in Richmond Hill.
The nearest rapid-transit station is Richmond Hill GO Station (Richmond Hill GO), about 3.0 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $425,000 is about 62% below the median sold price in Richmond Hill over the last 90 days, $1,131,800, across 779 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.
Summitly has no earlier MLS® sale or lease of 1285 Elgin Mills Rd E #16-17 on record from the last two years. Older records aren't shown under TRREB rules.
1285 Elgin Mills Rd E #16-17 is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
166 days — 1285 Elgin Mills Rd E #16-17 was listed on May 26, 2026.
About $4,975 in Ontario land transfer tax at the asking price of $425,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for 1285 Elgin Mills Rd E #16-17 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Richmond Hill.
The listing for 1285 Elgin Mills Rd E #16-17 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
