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Home · Buy · Richmond Hill · 1285 Elgin Mills Road E 16-17, Richmond Hill, ON L4S 0B5
1285 Elgin Mills Road E 16-17, Richmond Hill, ON L4S 0B5
1285 Elgin Mills Road E 16-17, Richmond Hill, ON L4S 0B5
1285 Elgin Mills Road E 16-17, Richmond Hill, ON L4S 0B5
1285 Elgin Mills Road E 16-17, Richmond Hill, ON L4S 0B5
1285 Elgin Mills Road E 16-17, Richmond Hill, ON L4S 0B5+ 24 photos
For Sale · Sale Of Business

1285 Elgin Mills Road E 16-17, Richmond Hill, ON L4S 0B5

Richmond Hill · Rouge Woods
◷112 days on market
—
Beds
—
Baths
—
Parking
2540 sq ft
Sq ft
—
Built

About this home

A rare chance to secure a fully equipped, turn-key restaurant space in one of Richmond Hill's most active and sought-after commercial plazas. Positioned at a high-traffic intersection surrounded by dense residential communities, top-rated schools, major green space, and convenient highway access - this is the kind of location that operators spend years searching for.2,500 sq ft of professionally built-out restaurant space. 60 seats. Full commercial kitchen designed for high-volume service. This space has proven itself year after year - maintaining a loyal and growing customer base while generating a built-in institutional revenue stream that speaks volumes about the strength and consistency of this location.The previous establishment held LLBO licensing - giving the incoming operator a clear and established path to obtaining their own liquor licence and unlocking a significant additional revenue opportunity from day one.The space is fully equipped and ready for immediate possession. Bring your concept, your cuisine, your brand. Whether you are an experienced operator looking to expand into a proven market or an aspiring owner ready to open your doors in the right location - everything you need is already here.Your vision. Your menu. Your name on the door. The hard part is done - this is your opportunity to walk into a space that was built to succeed and is ready for its next chapter.

Property details

Listed on
May 26, 2026
Days on market
112 days
Property tax
$0 (2026)
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
N13176754

Full details

Parking
GarageNone

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
May 26, 2026—$425,000For SaleN13176754
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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$4,975
Legal · title · inspection$2,800
Closing costs$7,775
Down payment$85,000
Total cash to close$92,775
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$425,000
MLS® N13176754 · Listed by RIGHT AT HOME REALTY
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of RIGHT AT HOME REALTY. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated July 24, 2026.

$425,000

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Neighbourhood market

The Rouge Woods market

How homes are selling here right now — sold data for July 2026.

Seller's marketAll home types in Rouge Woods · 29 sales over 3 months
Buyer'sBalancedSeller's

Homes in Rouge Woods are selling in about 22 days, typically at 104% of asking. Expect competition and little room to negotiate.

Median sold · Rouge Woods
$1,530,000
▲ 7.0% year over year
Homes sold · this month
8
31 days on market avg
Sold vs asking
105.1%
over asking — seller's market
Other median · Richmond Hill
—
12-month trend
See the full Richmond Hill market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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Comparables

Homes near 1285 Elgin Mills Road E 16-17, Richmond Hill, ON L4S 0B5
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Att/Row/Townhouse
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
Sold🔒 Sold:
bed bath parking
sq ft km
Detached
Address shown after sign-in
See what it sold for →
🔒

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