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$478,000

Unit 120 - 372 Highway 7 N/A

Richmond Hill, ON L4B 0C6

Unit 120 - 372 Highway 7 N/A, Richmond HillListed at $478,000 Commercial Retail. MLS® N13802088.

Just listed — 1 day ago

Possession · seller's timeline

Flexible

507Sq Ft
Commercial Retail
$2,769.51Taxes/yr · 2026

Description

Prime ground-floor commercial opportunity at Shops at Royal Gardens, strategically positioned on Highway 7 E in Richmond Hill. This approximately 505 sq. ft. retail/commercial unit offers exceptional street-level exposure in a high-traffic location surrounded by established residential condominiums, retail, restaurants and everyday amenities.The versatile space presents an excellent opportunity for an owner-operator, entrepreneur or investor looking to establish a retail, professional service, personal service or other permitted commercial business. Potential concepts may include boutique retail, beauty or salon services, studio, professional office and other service-oriented businesses, subject to zoning, condominium declaration, licensing and all applicable municipal approvals.Enjoy convenient surface parking directly in front of the unit, plus one private underground parking space. The unit offers excellent visibility and accessibility for both customers and operators, with a strong residential customer base immediately surrounding the property.Ideally located near Bayview Avenue with quick access to Highway 404 and Highway 407, and with Viva/YRT transit conveniently accessible along Highway 7. Surrounded by established residential communities, shops, banks, restaurants and other amenities, this location offers outstanding convenience and exposure.A rare opportunity to own a highly visible ground-floor commercial unit in one of Richmond Hill's established mixed-use communities. Bring your business vision and explore the possibilities at Royal Gardens.

Property Details

Property TypeCommercial Retail
CommunityDoncrest
Dir/Cross StHighway 7 & Bayview
Garage TypeNone
Heating TypeOther
A/CYes
Taxes (2026)$2,769.51
Maintenance Fee$565.93/Monthly
HSTIn Addition To
SecurityYes
Listed Date9/18/2026
Days on Market1 days
PossessionTBA

Business Details

Property Sub-TypeCommercial Retail
Property UseRetail
Occupant TypeOwner
Showing RequirementsLockbox
Possession TypeFlexible
Listing Expires3/31/2027

Commercial Space & Financials

Retail Area507 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: ROYAL LEPAGE SIGNATURE REALTY

MLS® #N13802088

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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About Richmond Hill Real Estate

This Commercial Retail 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 →