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Investment Highlights

  • Rear customer parking and convenient pedestrian access in a high-demand area.
  • Walk Score of 89 with strong connectivity to public transit and major road networks.
  • Surrounded by established residential neighborhoods and sustained commercial growth.

Executive Summary

The property offers exposure to steady vehicle and pedestrian traffic in one of Richmond Hill’s most active mixed-use areas, supported by nearby residential density and ongoing commercial growth. Rear customer parking, excellent visibility, and a Walk Score of 89 enhance accessibility and convenience for end users and clients. Located minutes from major intersections and public transit routes, this unit presents a unique opportunity for business owners or investors seeking a turnkey solution in a high-traffic urban setting.

1 Unit Available

Unit B10

Unit Size 579 SF
Price $437,336 USD
Price Per SF $755.33 USD
Condo Use Retail
Sale Type Investment or Owner User
Cap Rate 3.37%
NOI $14,751.82 USD
APN/Parcel ID UNIT 18, LEVEL 1, YORK REGION STANDARD C
Description

Prime opportunity in the heart of Richmond Hill. This 579 sq. ft. retail condominium is located on vibrant Yonge Street, offering exposure and accessibility. Currently operating as an optical store, the space is fully equipped and ideal for optometrists, eyewear retailers, or healthcare businesses. Zoned for general commercial use, it suits a variety of other purposes. Features include rear customer parking, a high Walk Score of 89, and steady foot traffic. Surrounded by residential and commercial developments, this location offers strong growth potential. Perfect for end-users or investors seeking a ready-to-go space.

Sale Notes

Prime opportunity in the heart of Richmond Hill. This 579 sq. ft. retail condominium is located on vibrant Yonge Street, offering exposure and accessibility. Currently operating as an optical store, the space is fully equipped and ideal for optometrists, eyewear retailers, or healthcare businesses. Zoned for general commercial use, it suits a variety of other purposes. Features include rear customer parking, a high Walk Score of 89, and steady foot traffic. Surrounded by residential and commercial developments, this location offers strong growth potential. Perfect for end-users or investors seeking a ready-to-go space. **EXTRAS** Accessible washroom and an exam room. $697.88 monthly condo fee includes water and building insurance

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 183,801 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 15
Typical Floor Size 12,253 SF
Year Built 2001
Lot Size 3.35 AC
Zoning GC2 - General Commercial

Amenities

Site Amenities

  • 24 Hour Access
  • Concierge
  • Fitness Center
  • Pool
  • Tenant Controlled HVAC
  • Grill
  • Smoke Free
  • Elevator
  • Smoke Detector
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
  • Listing ID: 35059778

  • Date on Market: 3/7/2025

  • Last Updated:

  • Address: 9610 Yonge st, Richmond Hill, ON L4C 0X4

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