12960 Yonge Street, Unit 7, Richmond Hill, ON

$67,000
MLS#:N13610448
0 beds
0 baths
Commercial
Commercial for sale - 0 Bed, 0 Bath Home at 12960 Yonge Street Richmond Hill ON listed at $67,000 (MLS# N13610448) - Main View
Price Change
For Sale
Added:Jul 27, 2026(60 days ago)
Updated:Sep 25, 2026(today)
Last Checked:9 minutes ago

Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of Oak Ridges. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $67,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • Convenient outside/surface garage included
  • equipped with no central cooling and highly efficient gas forced air closed heating

Description

A RARE TURNKEY RESTAURANT OPPORTUNITY IN THE HEART OF RICHMOND HILL! THIS FULLY OPERATIONAL AUTHENTIC AFGHAN RESTAURANT OFFERS AN EXCEPTIONAL OPPORTUNITY FOR AN ENTREPRENEUR TO STEP INTO AN ESTABLISHED FOOD BUSINESS WITH EVERYTHING ALREADY IN PLACE. THE RESTAURANT FEATURES A FULLY EQUIPPED COMMERCIAL KITCHEN WITH A KABOB GRILL, OVENS, COMMERCIAL REFRIGERATION, FREEZERS, PREP STATIONS, EXHAUST AND FIRE SUPPRESSION SYSTEM, AND ALL THE ESSENTIALS REQUIRED FOR DINE-IN, TAKEOUT AND CATERING. THE BUSINESS IS SET UP AND READY TO GO WITH ESTABLISHED SYSTEMS FOR DAILY SERVICE, A STRONG TAKEOUT OPERATION AND A PROVEN CATERING ARM SERVING EVENTS AND THE SURROUNDING COMMUNITY. LOCATED IN A HIGH-VISIBILITY, HIGH-TRAFFIC PLAZA WITH AMPLE PARKING, STRONG FOOT TRAFFIC AND A LOYAL, ESTABLISHED CUSTOMER BASE. RECIPES, SUPPLIER RELATIONSHIPS AND TRAINING WILL BE PROVIDED TO ENSURE A SMOOTH TRANSITION. WHETHER YOU ARE A FIRST-TIME BUSINESS OWNER OR AN EXPERIENCED OPERATOR LOOKING TO EXPAND, THIS TURNKEY OPPORTUNITY OFFERS THE LOCATION, EQUIPMENT AND ESTABLISHED OPERATIONS TO HIT THE GROUND RUNNING FROM DAY ONE. FULLY EQUIPPED, FULLY OPERATIONAL AND READY FOR A NEW OWNER!

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Property Summary

This sale of business located at 12960 Yonge Street, Richmond Hill is currently for sale and has been available on SousaSells for 60 days. This property is listed at $67,000 with an estimated mortgage of $223* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 12960 Yonge Street, Richmond Hill is in the Oak Ridges neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Oak Ridges, Richmond Hill.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Sale Of Business architecture in Oak Ridges, Richmond Hill
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusPrice Change
Price$67,000
AddedJul 27, 2026 (60 days ago)
UpdatedSep 25, 2026 (today)
Last Checked9 minutes ago
Transaction TypeFor Sale
List Office NameEXP REALTY

Property Details

Property Sub-TypeSale Of Business
CountyYork
Annual Tax$0

Parking & Garage

Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingNo

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

  • Major Highway
  • Public Transit

Property History

No historical data available for this property.

This could be the first listing for this address.

Richmond Hill Home Buyer Advisory & Market HubActive MLS® Listing in Richmond Hill, Ontario

Looking to Buy a Home in Richmond Hill?

If you are looking for a house in Richmond Hill or researching Richmond Hill real estate for sale, this sale of business at 12960 Yonge Street, Unit 7, Richmond Hill, ON offers an exceptional opportunity to buy a home in Richmond Hill, Ontario. Whether you are a first-time Richmond Hill home buyer or comparing active Richmond Hill MLS® homes for sale, working with a dedicated Richmond Hill buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Richmond Hill Homes for Sale & MLS® Listings

Browse all verified Richmond Hill real estate listings, compare active Richmond Hill houses for sale, and view brand new MLS® inventory before it hits the open market.

Dedicated Richmond Hill Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Richmond Hill realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Richmond Hill Buyer Budget & Costs

Estimated mortgage: $223*/month*. Estimated Ontario Land Transfer Tax: $395. First-time Richmond Hill home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Richmond Hill

Frequently Asked Questions about 12960 Yonge Street, Unit 7, Richmond Hill, ON

Q.What is the asking price for 12960 Yonge Street, Unit 7, Richmond Hill, ON ?

The current listing price for 12960 Yonge Street, Unit 7, Richmond Hill, ON in Oak Ridges, Richmond Hill is $67,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 12960 Yonge Street, Unit 7, Richmond Hill, ON ?

12960 Yonge Street, Unit 7, Richmond Hill, ON is a Sale Of Business () featuring a basement.

Q.What neighborhood and community amenities are nearby?

Community features and nearby amenities include: Major Highway, Public Transit.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via No.

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Location

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12960 Yonge Street, Unit 7, Richmond Hill, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Oak Ridges, Richmond Hill

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents66 incidents / yr
Average Per Month5.5 incidents / mo
Population Benchmark38,000 residents
Personal Safety
Very Low

12 assaults (31.6/100k)

Property Security
Very Low

14 B&E (36.8/100k)

Auto Theft Risk
Moderate

24 thefts (63.2/100k)

1-Year Trend
â–¼ 6.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 12960 Yonge Street 7, Richmond Hill, ON L4E 3K2

Estimated Sales Range
$64,000 - $66,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Richmond Hill.

Configure Loan Settings

Interest Rate4.00%
Down Payment$20,100 (30.0%)
* Minimum Canadian down payment required for this price is $3,350.
Amortization Period30 Years
Estimated Monthly Payment$223Based on a loan of $46,900 over 30 years.
Purchase Price$67,000
Loan Amount$46,900
Provincial Land Transfer Tax:$395
Total Estimated Closing Taxes:$395

About Purchasing a Home in Richmond Hill, ON

For a property listed at $67,000 in Richmond Hill, the legal minimum down payment is $3,350 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $395 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $395.

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Oak Ridges, Richmond Hill Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Oak Ridges, Richmond Hill.

Verified Local Data
City Population202,022
City Median Age42.4 Yrs
City Ownership78% Owners
Avg Area List Price$1,756,531

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
50%
Couples without children
27%
Other households
5%

Top Ethnic Origins

Chinese30%
Iranian11%
Canadian8%
Italian7%

Best Schools in Oak Ridges, Richmond Hill

Elementary Schools

Kettle Lakes
Public62 Kingshill Road, Richmond Hill, Ontario, L4E 4X5
7.6
Father Frederick McGinn
Public61 Brockdale Street, Richmond Hill, Ontario, L4E 4W2
7.1
Oak Ridges
Public160 Coon's Road, Oak Ridges, Richmond Hill, Ontario, L4E 2P7
6.1
Académie de la Moraine
Public13200, Oak Ridges, Richmond Hill, Ontario, L4E 2T2
4.7
Our Lady of Hope
Public80 Red Cardinal Trail, Oak Ridges, Richmond Hill, Ontario, L4E 4B8
7.1

Secondary Schools

No secondary schools data loaded.

Oak Ridges, Richmond Hill Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied78%
Rented22%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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