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Investment Highlights

  • Fully leased mixed-use property with retail and residential components.
  • Six apartments: one two-bedroom, four one-bedroom units, and one bachelor unit.
  • Four dedicated parking spaces and abundant municipal parking nearby.
  • Restaurant tenant occupies two storefronts with established operations.
  • Located on a highly sought-after section of Yonge Street with strong pedestrian and vehicular traffic.
  • Surrounded by new development projects, supporting long-term value growth.

Executive Summary

This rarely available mixed-use property on Yonge Street presents a fully leased investment opportunity in one of Richmond Hill’s most coveted corridors. The asset features a long-standing, successful restaurant occupying two storefronts, complemented by six residential apartments, including one two-bedroom unit, four one-bedroom units, and one bachelor unit. With strong tenancy and consistent rental income, this property offers stability and upside potential for investors seeking long-term growth.
Positioned in a high-traffic section of Yonge Street, the property benefits from excellent street exposure and proximity to municipal parking, retail amenities, and public transit. The surrounding neighborhood is experiencing significant redevelopment, further enhancing future appreciation prospects. This well-maintained property reflects pride of ownership and provides a rare chance to secure a high-performing asset in a thriving urban setting.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,316 SF
Building Class
C
Year Built
1950
Price
$2,158,201 USD
Price Per SF
$650.84 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Frontage
36’ on Yonge St

Amenities

  • Bus Line
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

Coffee Time
Tim Hortons
No Frills
TD Canada Trust
CIBC
Thai Express
Anytime Fitness
Hero Certified Burgers
Nando's
  • Listing ID: 39694498

  • Date on Market: 3/6/2026

  • Last Updated:

  • Address: 10152 Yonge St, Richmond Hill, ON L4C 1T6

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