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For saleMLS® N14116948

9625 YONGE Street A, Richmond Hill, ON L4C 5T2

Harding · L4C 5T2

$690,000

1 weeks on market

0

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About this property

A rare opportunity to take over a highly profitable, well-established Taekwondo school in the heart of Richmond Hill. ** Main instructor master will stay and teach**With many years in operation and a strong reputation in the community, this business has built a loyal, stable student membership base-with membership continuing to grow year after year. The school offers a range of established programs, including after-school care with pickup from local schools, regular Taekwondo instruction, and belt testing and examinations. Its broad appeal and recurring memberships create a strong foundation for continued success. Profitability is a major highlight: the business has consistently reported annual net profits of approximately $350,000-$400,000, offering an attractive opportunity for a new owner seeking an established operation with significant income potential. The spacious premises feature low rent and more than $200,000 in renovations, providing a turnkey setting for the next owner to step in and carry the business forward. The owner is retiring, creating an excellent opportunity for a young master, an ambitious entrepreneur, or business partners to acquire a respected school with established programs, a loyal student community, and strong reported earnings. Bring your vision and build on a successful business from day one.

Property details

Property

Property type
business
Zoning
COMMERCIAL
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$690,000
Property taxes
$9 / year (2026)

Listing

MLS® number
N14116948
Status
For sale
Listed
October 26, 2026
Days on market
10
Last updated
October 26, 2026
Listing brokerage
RE/MAX EXCEL REALTY LTD.

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 above most comparable listings — about 93% of comparable business for sale listings in Richmond Hill are asking less.

$29KMedian $198K$514K

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

Mortgage estimate

Down payment6.4% · minimum $44,000
$44,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,571.84
Property tax (est.)
$0.77
Estimated monthly
$3,573

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
$10,275
Total due on closing
$10,275

An estimate on the asking price of $690,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX EXCEL REALTY LTD.. 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.

$690,000

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