Richmond Hill, ON · L4B 3Z4 · MLS® N12955010Updated
$880,000
550 Highway 7 E #72C is a 1-bathroom retail in Richmond Hill, listed for $880,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Prime location in the centre of Times Square, ground level store with good business exposure, plenty of parking. Excellent use with restaurants, spa, and retail as neighbor stores. Formerly a doctoral clinic, licensed, with use as health care, one washroom, and three separated treatment rooms. Designated exclusive medical or clinical use. Ready for new business now!
Richmond Hill retail priced at $880,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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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.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: TRUSTWELL REALTY INC., BrokerageMLS® N12955010 · 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.
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.
Other homes for sale in Richmond Hill around $880K.
Homes for sale in Richmond Hill
Every active Richmond Hill MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 838 sales from Jul 15 – Oct 13, 2026 (571 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
4 for sale · 3 for lease at 550 Highway 7 E.
Stations and stops, straight-line distance
Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.
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Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
550 Highway 7 E #72C is listed at $880,000 (MLS® N12955010). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $800,000 and is now $880,000, an increase of $80,000 (10.0%).
550 Highway 7 E #72C has 1 bathroom. It is a commercial property in Richmond Hill.
The nearest rapid-transit station is Langstaff GO Station (Richmond Hill GO), about 3.2 km in a straight line. Richmond Hill GO Station is about 4.8 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $880,000 is about 23% below the median sold price in Richmond Hill over the last 90 days, $1,135,500, across 838 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 550 Highway 7 E #72C on record from the last two years. Older records aren't shown under TRREB rules.
550 Highway 7 E #72C is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
196 days — 550 Highway 7 E #72C was listed on March 31, 2026.
The lot measures 494.00 × 361.00 Feet, as published in the listing.
About $14,075 in Ontario land transfer tax at the asking price of $880,000. 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 550 Highway 7 E #72C doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Richmond Hill.
