Richmond Hill, ON · L4C 6P3 · MLS® N14131366Updated
$3,888,000
395 Red Maple Rd is an industrial in Richmond Hill, listed for $3,888,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Exceptional opportunity to acquire a well-maintained, income-producing automotive service property in a highly sought-after Richmond Hill location. Situated on the east side of Red Maple Road, approximately 125 metres north of 16th Avenue, and just off Yonge Street, this property occupies a 0.573-acre site and offers excellent connectivity to Highway 404, Highway 407 ETR, Yonge Street and Highway 7. The approximately 8,230 sq. ft. building features four individually leased units ranging from approximately 1,000 to 3,500 sq. ft. All units except Unit 3 include a small office. Currently generating approximately $180,000 in gross annual rental income, the property benefits from four established tenants, primarily operating automotive-related businesses, with a strong interest in remaining and pursuing long-term lease arrangements. Designed for functionality and flexibility, each unit has its own gas meter, while three hydro meters serve the building: Units 3 and 4 are separately metered, and Units 1 and 2 share a meter. Interconnecting doors between units offer potential flexibility for larger configurations, subject to existing leases and required approvals. Automotive-use properties in this central Richmond Hill location are increasingly difficult to find. Whether you are an investor seeking established rental income or an automotive business owner looking to occupy your own premises while generating income from the remaining units, this property presents a compelling opportunity to build equity and explore future use potential. A recent environmental assessment has also been completed by the owner, providing a valuable starting point for purchaser due diligence. Buyers are encouraged to conduct their own due diligence regarding zoning, existing legal non-conforming uses, environmental matters, leases, rental income and future use potential. Most of the ceiling height is 16 feet, but it varies.
Richmond Hill industrial priced at $3,888,000 — 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: 100% PARTNERS REAL ESTATE, BrokerageMLS® N14131366 · 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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Based on 781 sales from Aug 1 – Oct 30, 2026 (608 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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395 Red Maple Rd is listed at $3,888,000 (MLS® N14131366). Summitly updates the price as soon as the MLS® record changes.
No — 395 Red Maple Rd is still listed at its original asking price of $3,888,000.
The listing for 395 Red Maple Rd doesn't publish its bedroom and bathroom count. It is a commercial property in Richmond Hill.
The nearest rapid-transit station is Langstaff GO Station (Richmond Hill GO), about 1.7 km (about a 21-minute walk) in a straight line. Richmond Hill GO Station is about 2.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $3,888,000 is about 244% above the median sold price in Richmond Hill over the last 90 days, $1,131,000, across 781 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 395 Red Maple Rd on record from the last two years. Older records aren't shown under TRREB rules.
395 Red Maple Rd is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
395 Red Maple Rd was listed today (October 30, 2026).
About $83,675 in Ontario land transfer tax at the asking price of $3,888,000. 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 395 Red Maple Rd 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 395 Red Maple Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
