120 - 372 Highway 7, Richmond Hill, ON L4B 0C6
Doncrest, Richmond Hill · Near Highway 7 & Bayview · View map
About this home
Prime ground-floor commercial opportunity at Shops at Royal Gardens, strategically positioned on Highway 7 E in Richmond Hill. This approximately 505 sq. ft. retail/commercial unit offers exceptional street-level exposure in a high-traffic location surrounded by established residential condominiums, retail, restaurants and everyday amenities.The versatile space presents an excellent opportunity for an owner-operator, entrepreneur or investor looking to establish a retail, professional service, personal service or other permitted commercial business. Potential concepts may include boutique retail, beauty or salon services, studio, professional office and other service-oriented businesses, subject to zoning, condominium declaration, licensing and all applicable municipal approvals.Enjoy convenient surface parking directly in front of the unit, plus one private underground parking space. The unit offers excellent visibility and accessibility for both customers and operators, with a strong residential customer base immediately surrounding the property.Ideally located near Bayview Avenue with quick access to Highway 404 and Highway 407, and with Viva/YRT transit conveniently accessible along Highway 7. Surrounded by established residential communities, shops, banks, restaurants and other amenities, this location offers outstanding convenience and exposure.A rare opportunity to own a highly visible ground-floor commercial unit in one of Richmond Hill's established mixed-use communities. Bring your business vision and explore the possibilities at Royal Gardens.
The home
- Type
- Commercial retail
- Square footage
- 507 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $2,770/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBA
- Cross street
- Highway 7 & Bayview
- Neighbourhood
- Doncrest
More
- MLS® number
- N13802088
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 Highway 7 N/A, Richmond Hill, ON L4B 0C6
Doncrest, Richmond Hill · Near Highway 7 & Bayview
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 Highway 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 120 - 372 Highway 7
Answers come straight from this home’s MLS® listing.
How much is 120 - 372 Highway 7 listed for, and what would it cost each month?
120 - 372 Highway 7 is listed for $478,000. With 20% down ($95,600), the mortgage payment would be roughly $1,928 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,159 a month, all in. That figure is an illustration, not a quote.
Is 120 - 372 Highway 7 freehold or a condo, and is there a monthly fee?
120 - 372 Highway 7 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 120 - 372 Highway 7 have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 120 - 372 Highway 7?
120 - 372 Highway 7 is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 120 - 372 Highway 7 heated and cooled?
Cooling is yes.
What are the property taxes for 120 - 372 Highway 7?
Property taxes are $2,770 a year (2026), or about $231 a month.
Where is 120 - 372 Highway 7?
120 - 372 Highway 7 is in the Doncrest community of Richmond Hill. The nearest main intersection is Highway 7 & Bayview. The postal code is L4B 0C6.
Is 120 - 372 Highway 7 still for sale?
Yes. It is an active listing (MLS® N13802088). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 120 - 372 Highway 7 asking?
Similar properties for sale nearby right now include 25 & #26 - 328 Highway 7 E at $480,000, 105C - 370 HWY 7 E at $348,000 and 2 - 60 Industrial Road at $499,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 372 Highway 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 120 - 372 Highway 7?
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.
Sale of business$480,00025 & #26 - 328 Highway 7 E, Richmond HillDoncrestCourtesy of: RC BEST CHOICE REALTY CORPView home →
Commercial retail$348,000105C - 370 HWY 7 E, Richmond HillDoncrestCourtesy of: JDL REALTY INC.View home →
Sale of business$499,0002 - 60 Industrial Road, Richmond Hill2 bath · CrosbyCourtesy of: CMI REAL ESTATE INC.View home →Courtesy of: ROYAL LEPAGE SIGNATURE REALTY
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.