116B - 372 Hwy 7 E, Richmond Hill, ON L4B 0C6
Doncrest, Richmond Hill · Near Bayview/Highway 7 · View map
About this home
Location! Location! Location! This is a great opportunity to invest in a retail unit. This prime ground-floor commercial unit is situated on the busiest street in Richmond Hill. It benefits from a high-density residential customer base within the vicinity, offers high traffic exposure, and it is rented to the Convenience store . Additionally, it provides easy access to the YRT bus, GO station, and Highways 407/404.
The home
- Type
- Commercial retail
- Square footage
- 290 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Underground
- Driveway spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $3,394/yr
- Tax year
- 2026
- Occupancy
- Partial
- Possession
- TBA
- Cross street
- Bayview/Highway 7
- Neighbourhood
- Doncrest
More
- MLS® number
- N14145788
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
372 Hwy 7 N/A, Richmond Hill, ON L4B 0C6
Doncrest, Richmond Hill · Near Bayview/Highway 7
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 372 Hwy 7 N/A
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.
Frequently asked questions about 116B - 372 Hwy 7 E
Answers come straight from this home’s MLS® listing.
How much is 116B - 372 Hwy 7 E listed for, and what would it cost each month?
116B - 372 Hwy 7 E is listed for $329,000. With 20% down ($65,800), the mortgage payment would be roughly $1,327 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,610 a month, all in. That figure is an illustration, not a quote.
Is 116B - 372 Hwy 7 E freehold or a condo, and is there a monthly fee?
116B - 372 Hwy 7 E is a commercial retail in Doncrest, 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 116B - 372 Hwy 7 E have a garage and parking?
Yes. The listing shows the garage as underground. The driveway adds 1 space. In total the listing counts 1 parking space.
What style of home is 116B - 372 Hwy 7 E?
116B - 372 Hwy 7 E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 116B - 372 Hwy 7 E heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 116B - 372 Hwy 7 E?
Property taxes are $3,394 a year (2026), or about $283 a month.
Where is 116B - 372 Hwy 7 E?
116B - 372 Hwy 7 E is in the Doncrest community of Richmond Hill. The nearest main intersection is Bayview/Highway 7. The postal code is L4B 0C6.
Is 116B - 372 Hwy 7 E still for sale?
Yes. It is an active listing (MLS® N14145788). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 116B - 372 Hwy 7 E asking?
Similar properties for sale nearby right now include 105C - 370 HWY 7 E at $348,000, 0 Bayview Avenue at $300,000 and 328 & 331 - 550 Highway 7 E at $336,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 372 Hwy 7 N/A 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 116B - 372 Hwy 7 E?
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.
Similar properties nearby
More properties for sale near Doncrest, picked by style, size and price.
Commercial retail$348,000105C - 370 HWY 7 E, Richmond HillDoncrestCourtesy of: JDL REALTY INC.View home →
Sale of business$300,0000 Bayview Avenue, Richmond HillDoncrestCourtesy of: ROYAL STAR REALTY INC.View home →
Office$336,000328 & 331 - 550 Highway 7 E, Richmond HillBeaver Creek Business ParkCourtesy of: CENTURY 21 HERITAGE GROUP LTD.View home →Courtesy of: CENTURY 21 HERITAGE GROUP LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.