$880,000
550 Highway 7 N/A E 72C, Richmond Hill, ON L4B 3Z4
Beds
1 Baths
Parking
Prime location in the centre of Times Square, ground level store with good business exposure, plenty of parking. Excellent use with restaurants, spa, and retail as neighbor stores. Formerly a doctoral clinic, licensed, with use as health care, one washroom, and three separated treatment rooms. Designated exclusive medical or clinical use. Ready for new business now!

Property Summary

Property Type Commercial
Property Sub Type Commercial Retail
Transaction Type For Sale
Bathrooms 1
Possession May 20, 2027

Building

Building Type Commercial Retail
Square Footage 895
Building Area Units Square Feet
Heating Gas Forced Air Open
Cooling Yes

Measurements

Lot Size 494 x 361
Lot Size Units Feet
Frontage 494
Depth 361
Total Living Area 895

Land

Address 550 Highway 7 N/A E 72C, Richmond Hill, ON L4B 3Z4
City Richmond Hill
Community Beaver Creek Business Park
County / Area York
Cross Street Hwy 7 E & Leslie St

Parking and Garage

Garage Type Plaza

Taxes and Listing Info

List Price $880,000
Annual Taxes $7,079
Tax Year 2025
Status Active
Listing Date 2026-04-03T12:13:07Z
Updated 2026-05-25T17:11:26Z
MLS Number N12955010
Local Market Insight

What Buyers Should Know About 550 Highway 7 N/A E 72C, Richmond Hill, ON L4B 3Z4

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

550 Highway 7 N/A E 72C, Richmond Hill, ON L4B 3Z4 is positioned in Beaver Creek Business Park, a part of Richmond Hill where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Commercial Retail, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Commercial Retail should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Hwy 7 E & Leslie St, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $880,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, 1 bathrooms, basement details marked as to be confirmed, and a lot size of 494 x 361, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Richmond Hill, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Beaver Creek Business Park. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 550 Highway 7 N/A E 72C, Richmond Hill, ON L4B 3Z4, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.