Prime second-floor commercial space available at one of Richmond Hill's most prominent mixed-use addresses along the Highway 7 corridor. This 3,527 sq ft unit is currently built out as a restaurant and café, featuring an existing commercial kitchen infrastructure, dining area, and customer-facing layout - offering significant savings on leasehold improvements for food and beverage operators looking to hit the ground running. The space is currently tenanted with vacant possession available, providing flexibility for incoming occupants to take over a fully operational setup or reimagine the footprint for their concept. Situated within a high-traffic, established retail and commercial node, 550 Highway 7 E benefits from exceptional visibility, strong daytime and evening foot traffic, and a dense surrounding residential and professional population. The building is easily accessible by transit and offers ample surface and structured parking for customers and staff.
| MLS # | N13526180 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 114 |
| Listing Provided By | PREMIER GROUP REALTY INC. | N13526180 208300 |
| SQ Feet | 3,527 |
|---|---|
| Acreage | 0.08 |
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Yes |
| Rooms Total | 0 |
| Community Features | Major Highway, Public Transit |
|---|---|
| Security Features | Yes |
| Attached Garage Yes / No | Yes |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 22000 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | UNIT 40, LEVEL 2, YORK REGION CONDOMINIUM PLAN NO. 863 ; PT BLK 1 PL 65M2106, PTS 1, 2, 3 & 4 65R16573, MORE FULLY DESCRIBED IN SCHEDULE 'A' OF DECLARATION LT1043936 ; RICHMOND HILL ; S/T TEMP EASE OVER PT 1 EXPROP PL YR1374016 |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | York |
| City | Richmond Hill |
| Postal Code | L4B 3Z4 |
| Area | Beaver Creek Business Park |
| Listing VS Median (in L4B 3Z4) | |
Price: $1,299,900 low | high Med: $234,450 sqft: 3,527 low | high Med: 2,042 $ / sqft: $369 low | high Med: $270 On site: 114 low | high Med: 131.5 | |
| Province | ON |
|---|---|
| County | York |
| City | Richmond Hill |
| Postal Code | L4B 3Z4 |
| Area | Beaver Creek Business Park |
| Listing VS Median (in L4B 3Z4) | |
Price: $1,299,900 low | high Med: $234,450 sqft: 3,527 low | high Med: 2,042 $ / sqft: $369 low | high Med: $270 On site: 114 low | high Med: 131.5 | |