For saleMLS® N13822266

10123 Yonge Street, Richmond Hill, ON L4C 1T7

Crosby, Richmond Hill · Near YONGE/MAJOR MACKENZIE · View map

$250,000
Sale of businessType
Outside/SurfaceGarage
NoneParking
$20,855/yrTaxes
$250,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing
Lot 5.1 x 14.2 mThe land comes with the home

About this home

Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill

The home

Type
Sale of business
Lot size
5.1 x 14.2 m

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$20,855/yr
Tax year
2026
Occupancy
Owner
Possession
TBD
Cross street
YONGE/MAJOR MACKENZIE
Neighbourhood
Crosby

More

MLS® number
N13822266

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$2,746per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    10123 Yonge Street, Richmond Hill, ON L4C 1T7

    Crosby, Richmond Hill · Near YONGE/MAJOR MACKENZIE

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    Sold history

    Listing history for 10123 Yonge Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 10123 Yonge Street

    Answers come straight from this home’s MLS® listing.

    How much is 10123 Yonge Street listed for, and what would it cost each month?

    10123 Yonge Street is listed for $250,000. With 20% down ($50,000), the mortgage payment would be roughly $1,008 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,746 a month, all in. That figure is an illustration, not a quote.

    Is 10123 Yonge Street freehold or a condo, and is there a monthly fee?

    10123 Yonge Street is a sale of business in Crosby, Richmond Hill. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 10123 Yonge Street have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is 10123 Yonge Street?

    10123 Yonge Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 10123 Yonge Street, and what is the lot size?

    The lot is listed as 5.1 x 14.2 m.

    How is 10123 Yonge Street heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for 10123 Yonge Street?

    Property taxes are $20,855 a year (2026), or about $1,738 a month.

    Where is 10123 Yonge Street?

    10123 Yonge Street is in the Crosby community of Richmond Hill. The nearest main intersection is YONGE/MAJOR MACKENZIE. The postal code is L4C 1T7.

    Is 10123 Yonge Street still for sale?

    Yes. It is an active listing (MLS® N13822266). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 10123 Yonge Street asking?

    Similar properties for sale nearby right now include 10096 Yonge Street at $230,000, (NE-2) Level 1, Unit 10 - 9205 Yonge Street at $283,000 and 13390 Yonge Street at $299,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 10123 Yonge Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 10123 Yonge Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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