For Sale

324 Highway 7 Unit# 3, Richmond Hill (Doncrest), Ontario L4B1A6

$165,000

324 Highway 7 Unit# 3, Richmond Hill (Doncrest), Ontario L4B1A6 is For Sale and has a listing price of 165,000. The property is located in the neighbourhood. It's been on the website for 56 Days.

  • Business
    Property Type
  • 2
    Bathrooms
  • MLS ID: N11901697
  • Office Name HOME STANDARDS BRICKSTONE REALTY,HOME STANDARDS BR
Property Description

This well-established Japanese Fusion restaurant is located in a high-traffic commercial plaza on Highway 7, surrounded by a dynamic mix of residential and commercial properties that guarantee a steady stream of potential customers. Recently renovated with over $40,000 invested in modern upgrades, the restaurant boasts a stylish and inviting atmosphere perfect for dining.Menu Enhancement Opportunity: Transition from a Pasta-Sushi Fusion to a dedicated Sushi Specialty restaurant, offering a more focused and refined culinary experience.Limited Local Competition: Capitalize on the opportunity to stand out by offering a unique and differentiated dining experience in the area.LLBO Approval (Currently in Process): Anticipated revenue growth with the upcoming approval. **EXTRAS** Current lease till 9th March, 2027 with 5 yrs option to renew. Higher margin. Monthly rent $6700 (tmi and water inclusive). All figures as per seller. (id:43137)

Property Details
  • MLS ID: N11901697
  • Bathrooms: 2
  • Price: $165,000
  • Transaction Types: For Sale
  • Ref ID: 27755998
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
12/27/2024 N11901697 $165,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Richmond Hill (Doncrest)
  • $1,117,428 Average List Price
    based on 1 year
  • 23 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -2.6%
  • 3 Month Change +1.2%
  • 6 Month Change -
Walkscore
  • 83 Walk Score
    Very Walkable
  • 48 Transit Score
    Some Transit
  • 59 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    30.77%
  • Commercial
    16.67%
  • Condo
    52.56%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 27/12/2024 00:00:00
  • Zoning R1e
  • Agent Name: LIA KOH,JULIE PARK
  • Last Updated: 08/02/2025 01:21:46
Open House Dates
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