For Sale

9580 Yonge Street Unit# 111, Richmond Hill, Ontario L4C 1V6

$679,000

9580 Yonge Street Unit# 111, Richmond Hill, Ontario L4C 1V6 is For Sale and has a listing price of 679,000. The property is located in the Richvale neighbourhood . It's been on the website for 2 Days.

  • Sale Of Business
    Property Type
  • 1
    Bathrooms
  • MLS ID: N12344829
  • Office Name EXP REALTY
Property Description

An incredible opportunity to own a thriving franchise restaurant located in one of the busiest, high-foot-traffic plazas on historic Yonge Street, surrounded by vibrant retail and constant passerby exposure. This completely turn-key business offers approximately 2,900 sq. ft. of beautifully renovated space with seating for 150 guests, including a welcoming patio. Recently updated to reflect the modern franchise theme, the restaurant boasts a newer sign, LLBO license, and a fully equipped commercial kitchen, along with over $30,000 invested in new freezers and HVAC systems for peace of mind and operational efficiency. The spacious interior features an open layout with high ceilings, a large bar, multiple seating zones, and private screen suites perfect for hosting events or private gatherings. Supported by a well-trained staff, this business benefits from strong and growing brand equity, a loyal repeat clientele, and consistent online engagement, making it a rare chance to step into a profitable, well-established operation in a premium location. Lease is valid until September 2026 with 5 years of renewal available.

Property Details
  • MLS ID: N12344829
  • Bathrooms: 1
  • Price: $679,000
  • Lot Depth: 274.52
  • Transaction Types: For Sale
  • Ref ID: N12344829
  • Year Built: N/A
  • Dir / Cross St: Weldrick Rd
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
08/14/2025 N12344829 $679,000 For Sale - -
07/03/2025 N12259488 $699,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Richvale
  • $1,898,283 Average List Price
    based on 1 year
  • 69 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.34 % Up
  • Sold (12mo) 144
  • Rented (12mo) 204

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    68.92%
  • Commercial
    5.41%
  • Condo
    25.56%
  • Land for Sale
    0.1%
  • Parking
    0.01%
Additional Details
  • Heat Type Y
  • Washroom Type1: 1
  • Garage Type Plaza
  • Taxes: N/A
  • Last Status New
  • Original Price: $679,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 14/08/2025 17:33:38
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