For saleMLS® N14159272

C1 - 8888 Yonge Street, Richmond Hill, ON L4C 5V6

South Richvale, Richmond Hill · Near YONGE/HWY7 · View map

$1,297,000
1932Sq ft
Commercial retailType
UndergroundGarage
NoneParking
$19,314/yrTaxes
$1,297,000
FreeholdNo monthly condo fee
Underground parkingFrom the listing

About this home

Brand New Commercial Opportunity in a Prime Location! Discover Unit C1 at 8888 Yonge Street, ideally situated at Yonge Street & Highway 7 in the heart of Richmond Hill, with exposure facing Westwood. This exceptional two-level commercial unit offers a total of 1,932 sq. ft., featuring 748 sq. ft. on the ground floor and 1,184 sq. ft. on the upper mezzanine level. Delivered in unfinished condition, this space offers an excellent opportunity to customize the interior to suit your business needs and vision. The builder may also assist with interior finishing based on the purchaser's requirements, subject to mutual agreement. An optional lift connecting both levels may be arranged through the builder at an additional cost, or independently after closing. Vendor Take-Back (VTB) financing available at attractive rates, subject to seller approval. Ideal for a variety of potential uses, including medical and healthcare services, professional offices, dental clinics, beauty and wellness services, retail, showrooms, consulting firms, and more, subject to applicable approvals. Underground visitor parking available at P1 level. Dedicated parking spaces may also be purchased for $60,000 + HST each or leased for $200/month + HST, subject to availability. An outstanding opportunity to establish or expand your business in a prestigious, rapidly growing location surrounded by residential developments, businesses, and excellent amenities. Make this exceptional commercial space your own!

The home

Type
Commercial retail
Square footage
1932 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Fan Coil
Air conditioning
Yes

Garage & parking

Garage
Underground
Total parking
None

Taxes & other

Property taxes
$19,314/yr
Tax year
2025
Occupancy
Vacant
Possession
Immediate
Cross street
YONGE/HWY7
Neighbourhood
South Richvale

More

MLS® number
N14159272

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Want to know something that isn’t listed?
Estimated monthly cost$6,841per month, all in
  • Mortgage
  • Property tax

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.

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    8888 Yonge Street, Richmond Hill, ON L4C 5V6

    South Richvale, Richmond Hill · Near YONGE/HWY7

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    Sold history

    Listing history for 8888 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 C1 - 8888 Yonge Street

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

    How much is C1 - 8888 Yonge Street listed for, and what would it cost each month?

    C1 - 8888 Yonge Street is listed for $1,297,000. With 20% down ($259,400), the mortgage payment would be roughly $5,232 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,841 a month, all in. That figure is an illustration, not a quote.

    Is C1 - 8888 Yonge Street freehold or a condo, and is there a monthly fee?

    C1 - 8888 Yonge Street is a commercial retail in South Richvale, 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 C1 - 8888 Yonge Street 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 C1 - 8888 Yonge Street?

    C1 - 8888 Yonge Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is C1 - 8888 Yonge Street heated and cooled?

    Heating is fan coil. Cooling is yes.

    What are the property taxes for C1 - 8888 Yonge Street?

    Property taxes are $19,314 a year (2025), or about $1,610 a month.

    Where is C1 - 8888 Yonge Street?

    C1 - 8888 Yonge Street is in the South Richvale community of Richmond Hill. The nearest main intersection is YONGE/HWY7. The postal code is L4C 5V6.

    Is C1 - 8888 Yonge Street still for sale?

    Yes. It is an active listing (MLS® N14159272). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near C1 - 8888 Yonge Street asking?

    Similar properties for sale nearby right now include 102 (C2) - 8888 Yonge Street at $1,569,000, 718 - 8888 Yonge Street at $632,000 (1+2 bed) and 209 - 8888 Yonge Street at $449,000 (1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 8888 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 C1 - 8888 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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