281-283 - 550 Highway 7 E, Richmond Hill, ON L4B 3Z4
Beaver Creek Business Park, Richmond Hill · Near Leslie & Hwy 7 · View map
About this home
Exceptional turnkey business opportunity located at the highly trafficked 550 Highway 7 E, one of Richmond Hill's most prominent mixed-use commercial addresses. Situated on the second floor, this beautifully built-out café and lounge spans approximately 3,527 sq ft and is fully equipped and operational - The space features a fully built-out commercial kitchen, stylish dining and lounge areas, and an inviting atmosphere that has established a loyal customer base. Ideal for an experienced restaurateur, entrepreneur, or investor looking to acquire a proven concept in a high-density, high-visibility location surrounded by residential, office, and retail traffic. The Highway 7 corridor continues to experience significant growth and development, making this an outstanding location for long-term business success. Ample parking available on site and excellent transit access make this destination easily accessible for both customers and staff.
The home
- Type
- Sale of business
- Square footage
- 3527 sq ft
- Bathrooms
- 4
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Underground
- Total parking
- None
Taxes & other
- Property taxes
- $6/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexbile
- Cross street
- Leslie & Hwy 7
- Neighbourhood
- Beaver Creek Business Park
More
- MLS® number
- N13527594
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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.
550 Highway 7 N/A, Richmond Hill, ON L4B 3Z4
Beaver Creek Business Park, Richmond Hill · Near Leslie & Hwy 7
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Listing history for 550 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 281-283 - 550 Highway 7 E
Answers come straight from this home’s MLS® listing.
How much is 281-283 - 550 Highway 7 E listed for, and what would it cost each month?
281-283 - 550 Highway 7 E is listed for $199,900. With 20% down ($39,980), the mortgage payment would be roughly $806 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $807 a month, all in. That figure is an illustration, not a quote.
Is 281-283 - 550 Highway 7 E freehold or a condo, and is there a monthly fee?
281-283 - 550 Highway 7 E is a sale of business in Beaver Creek Business Park, 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 281-283 - 550 Highway 7 E have a garage and parking?
Yes. The listing shows the garage as underground. The listing does not include a parking space.
What style of home is 281-283 - 550 Highway 7 E?
281-283 - 550 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 281-283 - 550 Highway 7 E heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 281-283 - 550 Highway 7 E?
Property taxes are $6 a year (2026), or about $1 a month.
Where is 281-283 - 550 Highway 7 E?
281-283 - 550 Highway 7 E is in the Beaver Creek Business Park community of Richmond Hill. The nearest main intersection is Leslie & Hwy 7. The postal code is L4B 3Z4.
Is 281-283 - 550 Highway 7 E still for sale?
Yes. It is an active listing (MLS® N13527594). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 281-283 - 550 Highway 7 E asking?
Similar properties for sale nearby right now include 33 - 550 Highway 7 E at $100,000, 328 & 331 - 550 Highway 7 E at $336,000 and 72C - 550 Highway 7 E at $880,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 550 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 281-283 - 550 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 Beaver Creek Business Park, picked by style, size and price.
Sale of business$100,00033 - 550 Highway 7 E, Richmond HillBeaver Creek Business ParkCourtesy of: BAY STREET GROUP INC.View home →
Office$336,000328 & 331 - 550 Highway 7 E, Richmond HillBeaver Creek Business ParkCourtesy of: CENTURY 21 HERITAGE GROUP LTD.View home →
Commercial retail$880,00072C - 550 Highway 7 E, Richmond Hill1 bath · Beaver Creek Business ParkCourtesy of: TRUSTWELL REALTY INC.View home →Courtesy of: PREMIER GROUP REALTY INC.
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.