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10123 YONGE STREET — photo 1 of 121 / 12

10123 YONGE STREET

Richmond Hill (Crosby), Ontario, L4C1T7

$250,000

About this property

Exceptional opportunity to own a fully equipped, turnkey restaurant in a high-visibility location on Yonge Street. Situated at 10123 Yonge Street, this established business benefits from excellent street exposure and steady residential and commercial traffic. The restaurant features seating for 32 guests, a liquor licence, an accessible washroom, and approximately 550 sq ft of valuable basement storage. More than $190,000 worth of kitchen equipment is included in the purchase price, offering a seamless transition and immediate operation for the new owner. Favourable lease terms include approximately three years remaining on the current five-year term, plus an additional five-year renewal option. Affordable monthly rent of approximately $4,700, including TMI, provides excellent value and long-term stability. Don't miss this rare opportunity to acquire a well-positioned restaurant with strong exposure, valuable equipment, and outstanding growth potential in the heart of Richmond Hill (id:66779)

Details

Cooling
Fully air conditioned
Heating
Forced air, Natural gas
List aor
Toronto
Tax year
2,025
Directions
YONGE/MAJOR MACKENZIE
Fireplace
No
Water source
Municipal water
Tax annual amount
20,855
Lot size dimensions
Unit=5.14 x 14.19 M
Zoning description
COMMERCIAL

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