328 Highway 7 E #25 & #26 is a business in Richmond Hill, listed for $480,000.
1Operating For Many Years And Known As A Popular GTA Hot Pot Destination, This Turn-Key Restaurant Features Attractive Interior Finishes, A Fully Equipped Professional Commercial Kitchen, And A Functional Dining Layout.
2Ideal For Continued Operation Or Conversion To Your Own Restaurant Concept.
3Excellent Visibility, Ample Plaza Parking And Convenient Access To Major Roads And Transit.
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Commercial Property in Richmond Hill
Unit 25 & #26 at 328 Highway 7 E
Excellent Opportunity To Acquire A Well-Established Xiao Long Kan Hot Pot Restaurant In A Prime Richmond Hill Location. Operating For Many Years And Known As A Popular GTA Hot Pot Destination, This Turn-Key Restaurant Features Attractive Interior Finishes, A Fully Equipped Professional Commercial Kitchen, And A Functional Dining Layout. Ideal For Continued Operation Or Conversion To Your Own Restaurant Concept. Located In A Busy, High-Traffic Plaza With A Strong Mix Of Tenants Including RBC, Bank Of China, Bubble Tea Shops, Nail Salon And Other Retail And Service Uses, Generating Consistent Daily Foot Traffic. Excellent Visibility, Ample Plaza Parking And Convenient Access To Major Roads And Transit. Liquor Licence In Place. A Rare Opportunity For An Owner-Operator Or Established Restaurant Group Looking To Expand In One Of Richmond Hill's Most Active Dining Hubs.
Richmond Hill business priced at $480,000 — book a tour to see if it fits your search.
Inside 328 Highway 7 E #25 & #26
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
328 Highway 7 E #25 & #26 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13773790$480,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 328 Highway 7 E #25 & #26 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.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 328 Highway 7 E #25 & #26. Typical times without traffic delays; transit times aren't available yet.
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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 $480K.
Average days on market35Homes sold in about 35 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings1,140Homes 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.
328 Highway 7 E #25 & #26 is listed at $480,000 (MLS® N13773790). Summitly updates the price as soon as the MLS® record changes.
Has the price of 328 Highway 7 E #25 & #26 changed?
No — 328 Highway 7 E #25 & #26 is still listed at its original asking price of $480,000.
How many bedrooms and bathrooms does 328 Highway 7 E #25 & #26 have?
The listing for 328 Highway 7 E #25 & #26 doesn't publish its bedroom and bathroom count. It is a commercial property in Richmond Hill.
Is 328 Highway 7 E #25 & #26 close to transit?
The nearest rapid-transit station is Langstaff GO Station (Richmond Hill GO), about 1.9 km (about a 24-minute walk) in a straight line. Richmond Hill GO Station is about 4.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 328 Highway 7 E #25 & #26 compare with other homes in Richmond Hill?
Its asking price of $480,000 is about 58% 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 328 Highway 7 E #25 & #26 been sold before?
Summitly has no earlier MLS® sale or lease of 328 Highway 7 E #25 & #26 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 328 Highway 7 E #25 & #26?
328 Highway 7 E #25 & #26 is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 328 Highway 7 E #25 & #26 been on the market?
56 days — 328 Highway 7 E #25 & #26 was listed on September 11, 2026.
What is the land transfer tax on 328 Highway 7 E #25 & #26?
About $6,075 in Ontario land transfer tax at the asking price of $480,000. 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 328 Highway 7 E #25 & #26 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 328 Highway 7 E #25 & #26?
The listing for 328 Highway 7 E #25 & #26 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 328 Highway 7 E #25 & #26 built?
The listing for 328 Highway 7 E #25 & #26 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
