550 Highway 7 Ave E #91D is a retail in Richmond Hill, listed for $888,000.
1Prime Investment Opportunity in the heart of Richmond Hill's bustling Times Square!
2Strategically located just minutes from Hwy 404 and Hwy 407, the property features ample surface and underground parking and is anchored by major banks, popular restaurants, and established retail neighbors.
3The unit is currently tenanted on an open lease term, providing the ultimate flexibility to generate immediate rental income or transition to an owner-user.
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Commercial Property in Richmond Hill
Unit 91D at 550 Highway 7 Avenue East
Prime Investment Opportunity in the heart of Richmond Hill's bustling Times Square! This highly sought-after 976 sq. ft. ground-floor retail unit offers exceptional business exposure in a high-traffic outdoor mall. Strategically located just minutes from Hwy 404 and Hwy 407, the property features ample surface and underground parking and is anchored by major banks, popular restaurants, and established retail neighbors. The unit is currently tenanted on an open lease term, providing the ultimate flexibility to generate immediate rental income or transition to an owner-user. Don't miss this rare chance to own premium commercial real estate in a thriving transit corridor!
Richmond Hill retail priced at $888,000 — book a tour to see if it fits your search.
Inside 550 Highway 7 Ave E #91D
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
550 Highway 7 Ave E #91D 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 550 Highway 7 Ave E #91D. 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 $888K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio98.9%On average, homes sold below asking.
Active listings1,180Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with Apr 16 – Jul 15, 2026: prices up.
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.
550 Highway 7 Ave E #91D is listed at $888,000 (MLS® N13468498). Summitly updates the price as soon as the MLS® record changes.
Has the price of 550 Highway 7 Ave E #91D changed?
Yes — it was first listed at $938,000 and is now $888,000, a drop of $50,000 (5.3%).
How many bedrooms and bathrooms does 550 Highway 7 Ave E #91D have?
The listing for 550 Highway 7 Ave E #91D doesn't publish its bedroom and bathroom count. It is a commercial property in Richmond Hill.
Is 550 Highway 7 Ave E #91D close to transit?
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.
How does 550 Highway 7 Ave E #91D compare with other homes in Richmond Hill?
Its asking price of $888,000 is about 22% 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.
Has 550 Highway 7 Ave E #91D been sold before?
Summitly has no earlier MLS® sale or lease of 550 Highway 7 Ave E #91D on record from the last two years. Older records aren't shown under TRREB rules.
Where is 550 Highway 7 Ave E #91D?
550 Highway 7 Ave E #91D is in Richmond Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 550 Highway 7 Ave E #91D been on the market?
116 days — 550 Highway 7 Ave E #91D was listed on June 19, 2026.
What is the land transfer tax on 550 Highway 7 Ave E #91D?
About $14,235 in Ontario land transfer tax at the asking price of $888,000. 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 550 Highway 7 Ave E #91D 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 550 Highway 7 Ave E #91D?
The listing for 550 Highway 7 Ave E #91D 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 550 Highway 7 Ave E #91D built?
The listing for 550 Highway 7 Ave E #91D doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
