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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Richmond Hill
Unit 7 at 12960 Yonge Street
A Rare turnkey restaurant opportunity in the heart of richmond hill! This fully operational authentic afghan restaurant offers an exceptional opportunity for an entrepreneur to step into an established food business with everything already in place. THE Restaurant features a fully equipped commercial kitchen with a kabob grill, ovens, commercial refrigeration, freezers, prep stations, exhaust and fire suppression system, and all the essentials required for dine-in, takeout and catering. THE Business is set up and ready to go with established systems for daily service, a strong takeout operation and a proven catering arm serving events and the surrounding community. Located in a high-visibility, high-traffic plaza with ample parking, strong foot traffic and a loyal, established customer base. RECIPES, Supplier relationships and training will be provided to ensure a smooth transition. Whether you are a first-time business owner or an experienced operator looking to expand, this turnkey opportunity offers the location, equipment and established operations to hit the ground running from day one. Fully equipped, fully operational and ready for a new owner!
Richmond Hill business priced at $67,000 — book a tour to see if it fits your search.
Inside 12960 Yonge St #7
Every detail from the listing, in one place.
Type
Business
Lot size
0.00 x 0.00 Feet
Features & systems
Lot & land
Lot dimensions
0.00 x 0.00 Feet
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
12960 Yonge St #7 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 12960 Yonge St #7. Typical times without traffic delays; transit times aren't available yet.
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Ask about 12960 Yonge St #7 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 $67K.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings1,153Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with May 10 – Aug 8, 2026: prices up.
Based on 779 sales from Aug 8 – Nov 6, 2026 (638 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
12960 Yonge St #7 is listed at $67,000 (MLS® N13610448). Summitly updates the price as soon as the MLS® record changes.
Has the price of 12960 Yonge St #7 changed?
Yes — it was first listed at $149,900 and is now $67,000, a drop of $82,900 (55.3%).
How many bedrooms and bathrooms does 12960 Yonge St #7 have?
The listing for 12960 Yonge St #7 doesn't publish its bedroom and bathroom count. It is a commercial property in Richmond Hill.
Is 12960 Yonge St #7 close to transit?
The nearest rapid-transit station is Gormley GO Station (Richmond Hill GO), about 4.5 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 12960 Yonge St #7 compare with other homes in Richmond Hill?
Its asking price of $67,000 is about 94% 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.
Has 12960 Yonge St #7 been sold before?
Summitly has no earlier MLS® sale or lease of 12960 Yonge St #7 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 12960 Yonge St #7?
12960 Yonge St #7 is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 12960 Yonge St #7 been on the market?
102 days — 12960 Yonge St #7 was listed on July 27, 2026.
What is the lot size of 12960 Yonge St #7?
The lot measures 0.00 × 0.00 Feet, as published in the listing.
What is the land transfer tax on 12960 Yonge St #7?
About $395 in Ontario land transfer tax at the asking price of $67,000. 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 12960 Yonge St #7 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 12960 Yonge St #7?
The listing for 12960 Yonge St #7 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Richmond Hill.
