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Home · Buy · Richmond Hill · 550 Highway 7 Avenue E 91D, Richmond Hill, ON L4B 3Z4
550 Highway 7 Avenue E 91D, Richmond Hill, ON L4B 3Z4
550 Highway 7 Avenue E 91D, Richmond Hill, ON L4B 3Z4
For Sale · Commercial Retail

550 Highway 7 Avenue E 91D, Richmond Hill, ON L4B 3Z4

Richmond Hill · Beaver Creek Business Park
◷88 days on market
Plaza · 2 driveway · 2 total garage
—
Beds
—
Baths
2
Parking
976 sq ft
Sq ft
—
Built

About this home

Prime Investment Opportunity in the heart of Richmond Hill's bustling Times Square! This highly sought-after 976 sq. ft. ground-floor retail unit offers exceptional business exposure in a high-traffic outdoor mall. Strategically located just minutes from Hwy 404 and Hwy 407, the property features ample surface and underground parking and is anchored by major banks, popular restaurants, and established retail neighbors. The unit is currently tenanted on an open lease term, providing the ultimate flexibility to generate immediate rental income or transition to an owner-user. Don't miss this rare chance to own premium commercial real estate in a thriving transit corridor!

Property details

Listed on
June 19, 2026
Days on market
88 days
Property tax
$7,510.56 (2026)
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
N13468498

Full details

Parking
GaragePlaza
Driveway2
Total parking2

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
June 19, 2026—$938,000For SaleN13468498
🔒

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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
This price requires at least 7.3% down (5% on the first $500K, 10% above).
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$15,235
Legal · title · inspection$2,800
Closing costs$18,035
Down payment$187,600
Total cash to close$205,635
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.
$938,000
MLS® N13468498 · Listed by PROMPTON REAL ESTATE SERVICES CORP.
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 PROMPTON REAL ESTATE SERVICES CORP.. 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 June 20, 2026.

$938,000

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Neighbourhood market

The Beaver Creek Business Park market

How homes are selling here right now — sold data for July 2025.

Median sold · Beaver Creek Business Park
$680,000
Homes sold · this month
5
23 days on market avg
Sold vs asking
101.7%
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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