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For saleMLS® N13822266

10123 Yonge Street, Richmond Hill, ON L4C 1T7

Crosby · L4C 1T7

$250,000

1 months on market

Lot
5.14 × 14.19 ft

What's special

  • Outside/surface garage
  • Yes

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About this property

Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill

Property details

Property

Property type
business
Lot size
5.14 × 14.19 ft
Zoning
COMMERCIAL
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$250,000
Property taxes
$20,855 / year (2026)

Listing

MLS® number
N13822266
Status
For sale
Listed
September 24, 2026
Days on market
42
Last updated
September 24, 2026
Listing brokerage
CENTRAL HOME REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 65% of comparable business for sale listings in Richmond Hill are asking less.

$29KMedian $198K$584K

Based on 43 comparable active business for sale listings in Richmond Hill. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $12,500
$12,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,313.18
Property tax (est.)
$1,737.92
Estimated monthly
$3,051

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$2,225
Total due on closing
$2,225

An estimate on the asking price of $250,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTRAL HOME REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$250,000

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