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$199,900

Unit 281-283 - 550 Highway 7 N/A E

Richmond Hill, ON L4B 3Z4

Unit 281-283 - 550 Highway 7 N/A E, Richmond Hill — Listed at $199,900, 4 bathroom Sale Of Business. MLS® N13527594.

Possession · seller's timeline

Flexible (Flexbile)

4Baths
70%
Restaurant
Sale Of Business
$6.25Taxes/yr · 2026
See similar properties in this price range

Description

Exceptional turnkey business opportunity located at the highly trafficked 550 Highway 7 E, one of Richmond Hill's most prominent mixed-use commercial addresses. Situated on the second floor, this beautifully built-out café and lounge spans approximately 3,527 sq ft and is fully equipped and operational - The space features a fully built-out commercial kitchen, stylish dining and lounge areas, and an inviting atmosphere that has established a loyal customer base. Ideal for an experienced restaurateur, entrepreneur, or investor looking to acquire a proven concept in a high-density, high-visibility location surrounded by residential, office, and retail traffic. The Highway 7 corridor continues to experience significant growth and development, making this an outstanding location for long-term business success. Ample parking available on site and excellent transit access make this destination easily accessible for both customers and staff.

Property Details

Property TypeSale Of Business
CommunityBeaver Creek Business Park
Washrooms4
Dir/Cross StLeslie & Hwy 7
Garage TypeUnderground
Heating TypeGas Forced Air Open
A/CYes
Taxes (2026)$6.25
Maintenance Fee$9,737.82/Monthly
HSTIn Addition To
Listed Date7/6/2026
Days on Market129 days
PossessionFlexbile

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Business NameSugar Cafe & Lounge
Property UseWithout Property
Occupant TypeTenant
Hours of Operation10 a.m.-4 p.m. 7 p.m.-12 a.m
FranchiseNo
Chattels IncludedYes
Seating Capacity83
Full-Time Employees5
Financial StatementsNot Available
Showing RequirementsList Salesperson
Possession TypeFlexible
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area70 %
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: PREMIER GROUP REALTY INC.

MLS® #N13527594

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 281-283 - 550 Highway 7 N/A E

This sale of business is located in the Beaver Creek Business Park neighbourhood of Richmond Hill.

The home offers 4 bathrooms.

Listed at $199,900 CAD with annual property taxes of $6.25 (2026). This listing has been on the market for 109 days.

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About Richmond Hill Real Estate

This Sale Of Business is located in the Beaver Creek Business Park 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 →