










1/1210123 YONGE STREET, Richmond Hill (Crosby), ON L4C1T7
$250,000 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
95%
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:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$16K
Annual cash flow
$2K
Cash-on-cash
2.43%
DSCR
1.13
Going-in cap
6.27%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
48,787
Households
16,885
Median income
$70,500
Median age
41.8
Daytime population
80,237
5-yr growth
1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 10123 YONGE STREET, Richmond Hill (Crosby).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.