Salehian.com 647-325-5000

10123 Yonge Street

Crosby, Richmond Hill, L4C 1T7

$250,000

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Listed 26 days ago · MLS® N13822266

About this home

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

Details

Type
Sale Of Business
Lot
5.14 × 14.19 ft
Garage
Outside/Surface
Property tax
$20,855 (2026)
Neighbourhood
Crosby
Municipality
Richmond Hill

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes

More

Possession
TBD
Cross street
YONGE/MAJOR MACKENZIE
Business type
Restaurant

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

  • 🚆 Richmond Hill GO14 min walk

Within a 10-minute walk: 3 grocery stores, 4 cafés and restaurants, 7 parks, 1 pharmacy. Nearest grocery: Tavazo Dried Nuts & Fruits (550 m). Nearest park: Ransom Park (150 m).

Schools nearby

Elementary

  • O. M. MacKillop Public School
    EQAO: Gr 6 reading 76%, math 35%    17 min walk
  • Walter Scott Public School
    EQAO: Gr 6 reading 66%, math 47%    1.2 km
  • St. Mary Immaculate Catholic Elementary School Catholic
    EQAO: Gr 6 reading 100%, math 72%    1.4 km
  • Richmond Hill Montessori Private School Private1.5 km

Secondary

  • École secondaire Norval-Morrisseau French8 min walk
  • Alexander MacKenzie High School
    EQAO: Gr 9 math 77%, literacy test 91%    14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L4C

Owners / renters
70% / 30%
Median household income
$86,000
Average age
45
Children under 15
13%
Homes
49% detached, 30% high-rise
Commute by transit
10%
Population
74,636

Languages spoken most at home besides English: Iranian Persian 9.6%, Mandarin 6.2%, Yue (Cantonese) 4.3%, Russian 4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 26 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by CENTRAL HOME REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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