All photos · 1

South Richvale

9196 Yonge Street, Richmond Hill, ON L4C 7A2

$2,850,000

Beds

n/a

Baths

n/a

Type

Commercial

About this home

Power of Sale Sold as is Where is. Attention builders, developers, and investors. Exceptional redevelopment opportunity with potential for future high-rise condominium development, subject to municipal approvals. Prime commercial opportunity located on high-traffic Yonge Street in the heart of Richmond Hill. Excellent exposure and signage potential in a rapidly evolving corridor, surrounded by strong residential density and established commercial businesses. Convenient access to major highways, public transit, and nearby amenities further enhances its long-term value. Ideal for investors, developers, or end-users seeking strong future growth potential in a high-demand area. Buyer to verify all zoning, measurements, and permitted uses.

Heating

  • · Gas Forced Air Open

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$13,051

Principal & interest, per month


Mortgage amount
$2,280,000
Down payment
$570,000
Total interest paid
$1,635,356

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

KW Living Realty

Each office independently owned and operated.