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New · Listed Sep 24, 2026 · 33 days on market

10123 Yonge Street, Richmond Hill, ON L4C 1T7

$250,000

Commercial · Sale Of Business · For Sale

Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill

Property summary

TypeCommercial
SubtypeSale Of Business
Business typeRestaurant
Lot size5.14 × 14.19 ft
Taxes$20,855 / yr
GarageOutside/Surface
Possession30-59 days
OccupantOwner
Property
Lot width5.14
Lot depth14.19
Building & Loading
Clear height (in)8
Power & Services
Heating typeGas Forced Air Open
Residential
GarageOutside/Surface
Zoning & Taxes
Taxes / yr$20,855
Tax year2026
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Data provided by TRREB. Listed by CENTRAL HOME REALTY INC..

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