For Sale

372 Highway 7 N/A Unit# 127&128, Richmond Hill, Ontario L4B 0C6

$0

372 Highway 7 N/A Unit# 127&128, Richmond Hill, Ontario L4B 0C6 is For Sale and has a listing price of 550,000. The property is located in the Richvale neighbourhood . It's been on the website for 11 Days.

  • MLS ID: N12450959
  • Office Name SMART SOLD REALTY
Property Description

Newly leased with a strong cap rate, this prime two-unit commercial property offers an outstanding turnkey investment in the high-demand Markham/Richmond Hill corridor. Ideally located on busy Highway 7 between Bayview and Leslie, this versatile 600 sq.ft. space supports a wide range of retail and service uses, ensuring consistent leasing demand. With ample ground-level parking in front and two exclusive underground spots, accessibility is a major plus. A rare opportunity to own a fully tenanted, income-generating asset in one of the GTAs fastest-growing commercial hubs. *Photos were taken prior to current tenant occupancy.

Property Details
  • MLS ID: N12450959
  • Price: $550,000
  • Lot Depth: 476.23
  • Transaction Types: For Sale
  • Ref ID: N12450959
  • Year Built: N/A
  • Dir / Cross St: Highway 7 & Leslie
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/08/2025 N12450959 $550,000 For Sale - -
02/13/2025 N11970929 $499,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Richvale
  • $1,770,635 Average List Price
    based on 1 year
  • 196 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.34 % Up
  • Sold (12mo) 119
  • Rented (12mo) 155

  • 1 Month Change -85.2%
  • 3 Month Change -81.3%
  • 6 Month Change -56.9%
Walkscore
Property Type Distribution
  • All Houses
    68.83%
  • Commercial
    5.39%
  • Condo
    25.68%
  • Land for Sale
    0.09%
  • Parking
    0.01%
Additional Details
  • Heat Type Y
  • Garage Type Covered
  • Taxes: $6,222
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 08/10/2025 02:52:14
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