25 & #26 - 328 Highway 7 E, Richmond Hill, ON L4B 3P7
Doncrest, Richmond Hill · Near Highway 7/Bayview Ave · View map
About this home
Excellent Opportunity To Acquire A Well-Established Xiao Long Kan Hot Pot Restaurant In A Prime Richmond Hill Location. Operating For Many Years And Known As A Popular GTA Hot Pot Destination, This Turn-Key Restaurant Features Attractive Interior Finishes, A Fully Equipped Professional Commercial Kitchen, And A Functional Dining Layout. Ideal For Continued Operation Or Conversion To Your Own Restaurant Concept. Located In A Busy, High-Traffic Plaza With A Strong Mix Of Tenants Including RBC, Bank Of China, Bubble Tea Shops, Nail Salon And Other Retail And Service Uses, Generating Consistent Daily Foot Traffic. Excellent Visibility, Ample Plaza Parking And Convenient Access To Major Roads And Transit. Liquor Licence In Place. A Rare Opportunity For An Owner-Operator Or Established Restaurant Group Looking To Expand In One Of Richmond Hill's Most Active Dining Hubs.
The home
- Type
- Sale of business
- Square footage
- 3526 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Highway 7/Bayview Ave
- Neighbourhood
- Doncrest
More
- MLS® number
- N13773790
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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.
328 Highway 7 E N/A, Richmond Hill, ON L4B 3P7
Doncrest, Richmond Hill · Near Highway 7/Bayview Ave
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Listing history for 328 Highway 7 E N/A
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 25 & #26 - 328 Highway 7 E
Answers come straight from this home’s MLS® listing.
How much is 25 & #26 - 328 Highway 7 E listed for, and what would it cost each month?
25 & #26 - 328 Highway 7 E is listed for $480,000. With 20% down ($96,000), the mortgage payment would be roughly $1,936 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,236 a month, all in. That figure is an illustration, not a quote.
Is 25 & #26 - 328 Highway 7 E freehold or a condo, and is there a monthly fee?
25 & #26 - 328 Highway 7 E is a sale of business 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 25 & #26 - 328 Highway 7 E have a garage and parking?
Yes. The listing shows the garage as plaza. The listing does not include a parking space.
What style of home is 25 & #26 - 328 Highway 7 E?
25 & #26 - 328 Highway 7 E is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 25 & #26 - 328 Highway 7 E heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 25 & #26 - 328 Highway 7 E?
25 & #26 - 328 Highway 7 E is in the Doncrest community of Richmond Hill. The nearest main intersection is Highway 7/Bayview Ave. The postal code is L4B 3P7.
Is 25 & #26 - 328 Highway 7 E still for sale?
Yes. It is an active listing (MLS® N13773790). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 25 & #26 - 328 Highway 7 E asking?
Similar properties for sale nearby right now include 120 - 372 Highway 7 at $478,000, 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 328 Highway 7 E 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 25 & #26 - 328 Highway 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$478,000120 - 372 Highway 7, Richmond HillDoncrestCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView 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: RC BEST CHOICE REALTY CORP
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.