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$299,000

Unit 1 - 324 Highway 7 N/A E

Richmond Hill, ON L4B 1A6

Unit 1 - 324 Highway 7 N/A E, Richmond Hill — Listed at $299,000, 2 bathroom Sale Of Business. MLS® N12979014.

2Baths
1,917Sq Ft
Restaurant
Sale Of Business
$3,195Taxes/yr · 2026
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Description

Excellent opportunity to own a well-established Chinese restaurant located in a high-traffic commercial plaza on Highway 7, surrounded by a vibrant mix of residential and commercial developments, ensuring consistent customer flow. 1,917 sqft with a functional layout, 70 seats with LLBO, and a private dining room. Features a fully equipped kitchen including an extra-long commercial exhaust hood, walk-in cooler & freezer. Convenient access with excellent visibility, prominent signage, and ample parking on site. Suitable for a wide variety of restaurant concepts. Turnkey operation in a prime location.

Property Details

Property TypeSale Of Business
CommunityDoncrest
Washrooms2
Dir/Cross StHwy 7 / Bayview
Garage TypePlaza
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2026)$3,195
HSTNot Subject to HST
Listed Date4/9/2026
Days on Market217 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Business NameHot Taste Restaurant
Property UseWithout Property
Occupant TypeTenant
Hours of Operation16:30-3
FranchiseNo
Chattels IncludedYes
Seating Capacity70
Full-Time Employees5
Financial StatementsNot Available
Showing RequirementsGo Direct
Possession TypeFlexible
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area1,917 Sq Ft

This Listing Is No Longer Active

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Listing Courtesy of: BAY STREET GROUP INC.

MLS® #N12979014

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: Unit 1 - 324 Highway 7 N/A E

This sale of business is located in the Doncrest neighbourhood of Richmond Hill.

The home offers 2 bathrooms.

Similar Listings in This Price Range in Richmond Hill

This property is no longer available. Explore comparable Sale Of Business listings currently on the market, priced within 5% of this property.

About Richmond Hill Real Estate

This Sale Of Business is located in the Doncrest community in Richmond Hill. Richmond Hill sits at the heart of York Region, offering a mix of estate homes, townhome communities, and new condo developments along Yonge Street. The city is well-served by the Richmond Hill GO line and Viva BRT. David Dunlap Observatory lands provide green space, while the Yonge/16th corridor is evolving into a vibrant urban centre.

Richmond Hill GO stationYonge Street corridor revitalizationHillcrest Mall & shopping districtsDavid Dunlap Observatory green space
~45 min commute to downtown TorontoWalkability: Moderate — best along Yonge Street corridor
View full Richmond Hill neighbourhood guide →