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127&128 - 372 HIGHWAY 7 E, Richmond Hill (Doncrest), Ontario, L4B0C6

MLS: N12450959 | Retail

$550,000

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Property Description

Newly leased with a strong cap rate, this prime two-unit commercial property offers an outstanding turnkey investment in the high-demand Markham/Richmond Hill corridor. Ideally located on busy Highway 7 between Bayview and Leslie, this versatile 600 sq.ft. space supports a wide range of retail and service uses, ensuring consistent leasing demand. With ample ground-level parking in front and two exclusive underground spots, accessibility is a major plus. A rare opportunity to own a fully tenanted, income-generating asset in one of the GTAs fastest-growing commercial hubs. *Photos were taken prior to current tenant occupancy. (id:64974)

Directions: Cross Streets: Highway 7 & Leslie. ** Directions: NE of Saddlecreek & Hwy7.

Quick Facts

  • Property Type: Retail
  • Bedrooms: None
  • Bathrooms: None
  • Living Area: 595 sq ft (55.3 m²)
  • Frontage: 230 ft (70 m)

Costs

  • Annual Taxes: $6,221.72

Listing Provided by: SMART SOLD REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.

Detailed Features

📋 Revisions Available 1 change▼ Click to expand

Interior & Systems

  • Heating: Forced air, Electric
  • Cooling: Fully air conditioned

Exterior & Construction

  • Water: Municipal water

Lot & Land

  • Frontage: 230 ft (70 m)
  • Zoning: RR1

Community & Neighbourhood

  • Neighbourhood: Doncrest

Listing Information

MLS® NumberN12450959
BoardToronto
Originating SystemToronto Regional Real Estate Board
BrokerageSMART SOLD REALTY
Date ListedOctober 8, 2025
Last UpdatedJanuary 26, 2026

Listing History

Buy/Sell/Terminated/Expired listing history for 127&128 - 372 HIGHWAY 7 E, Richmond Hill (Doncrest), Ontario, L4B0C6

DateDays on MarketPriceEventListing ID
🔄1/26/2026110Status ChangedN12450959
10/8/20250$550,000For SaleN12450959
10/8/20250$550,000ListedN12450959

Location & Neighborhood

📍127&128 - 372 HIGHWAY 7 E, Richmond Hill, Ontario, L4B0C6
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