Salehian.com 647-325-5000

328 Highway 7 E #25 & #26

Doncrest, Richmond Hill, L4B 3P7

$480,000

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Listed 39 days ago · MLS® N13773790

About this home

Excellent Opportunity To Acquire A Well-Established Xiao Long Kan Hot Pot Restaurant In A Prime Richmond Hill Location. Operating For Many Years And Known As A Popular GTA Hot Pot Destination, This Turn-Key Restaurant Features Attractive Interior Finishes, A Fully Equipped Professional Commercial Kitchen, And A Functional Dining Layout. Ideal For Continued Operation Or Conversion To Your Own Restaurant Concept. Located In A Busy, High-Traffic Plaza With A Strong Mix Of Tenants Including RBC, Bank Of China, Bubble Tea Shops, Nail Salon And Other Retail And Service Uses, Generating Consistent Daily Foot Traffic. Excellent Visibility, Ample Plaza Parking And Convenient Access To Major Roads And Transit. Liquor Licence In Place. A Rare Opportunity For An Owner-Operator Or Established Restaurant Group Looking To Expand In One Of Richmond Hill's Most Active Dining Hubs.

Details

Type
Sale Of Business
Garage
Plaza
Neighbourhood
Doncrest
Municipality
Richmond Hill

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Water and sewer
Sanitary+Storm

Building and exterior

Building area
3,526 Square Feet

More

Possession
Flexible
Cross street
Highway 7/Bayview Ave
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

  • 🚆 Langstaff GO1.9 km

Within a 10-minute walk: 1 grocery store, 41 cafés and restaurants, 5 parks, 5 pharmacies. Nearest grocery: Loblaws (950 m). Nearest park: Private Thomas Millar Armstrong Park (350 m).

Schools nearby

Elementary

  • Adrienne Clarkson Public School
    EQAO: Gr 6 reading 100%, math 93%    10 min walk
  • Willowbrook Public School
    EQAO: Gr 6 reading 91%, math 69%    1.4 km
  • Doncrest Public School
    EQAO: Gr 6 reading 92%, math 59%    1.4 km
  • Stornoway Crescent Public School1.5 km

Secondary

  • Thornlea Secondary School
    EQAO: Gr 9 math 78%, literacy test 90%    1.3 km
  • Westfield Secondary School Private1.9 km

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 L4B

Owners / renters
80% / 20%
Median household income
$97,000
Average age
44
Children under 15
13%
Homes
47% detached, 33% high-rise
Commute by transit
8%
Population
36,080

Languages spoken most at home besides English: Yue (Cantonese) 16.9%, Mandarin 13.7%, Iranian Persian 6.1%, Korean 2.3%.

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): 22 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ 407 ETR400 m

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 RC BEST CHOICE REALTY CORP.

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

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