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3 - 324 HIGHWAY 7 E, Richmond Hill, Ontario, L4B 1A6

MLS® # N11901697
new listing
Commercial For Sale In Doncrest, Richmond Hill, Ontario
$139,000
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
3 - 324 Highway 7 E, Richmond Hill, ON
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ACTIVE
3 - 324 HIGHWAY 7 E, Richmond Hill, Ontario, L4B 1A6
$139,000

Property Information:

This well-established Japanese Fusion restaurant is located in a high-traffic commercial plaza on Highway 7, surrounded by a dynamic mix of residential and commercial properties that guarantee a steady stream of potential customers. Recently renovated with over $40,000 invested in modern upgrades, the restaurant boasts a stylish and inviting atmosphere perfect for dining.Menu Enhancement Opportunity: Transition from a Pasta-Sushi Fusion to a dedicated Sushi Specialty restaurant, offering a more focused and refined culinary experience.Limited Local Competition: Capitalize on the opportunity to stand out by offering a unique and differentiated dining experience in the area.LLBO Approval (Currently in Process): Anticipated revenue growth with the upcoming approval. **** EXTRAS **** Current lease till 9th March, 2027 with 5 yrs option to renew. Higher margin. Monthly rent $6700 (tmi and water inclusive). All figures as per seller. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Bathrooms: 2
  • Zoning: Commercial

Courtesy of: HOME STANDARDS BRICKSTONE REALTY

REALTOR.ca  

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Location of 3 - 324 HIGHWAY 7 E, Richmond Hill, Ontario, L4B 1A6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 3 - 324 HIGHWAY 7 E , experiences 7 hot days per year at around 31.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 35 degrees Celsius.

Projected Avg. Temperature

Past
31.4℃
2050
35℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, 3 - 324 HIGHWAY 7 E , experiences 11 significant 2-day storms per year, with about 296.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 368.2mm of precipitation per year.

Precipitation Per Storm

Past
296.3mm
2050
368.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 3 - 324 HIGHWAY 7 E, Richmond Hill, Ontario, L4B 1A6

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$143,369.62

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.78 %

High school certificate or equivalent

26.03 %

Apprenticeship trade certificate/diploma

2.93 %

College/non-university certificate

14.16 %

University certificate (below bachelor)

2.98 %

University Degree

44.12 %

Commuter

Travel To Work

By Car

85.8 %

By Public Transit

8.94 %

By Walking

2.21 %

By Bicycle

0.61 %

By Other Methods

2.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.15 %

Houses

66.85 %

Own Vs. Rent

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