$2,988,000
11575 Yonge Street, Richmond Hill, ON L4E 3N8
Beds
Baths
Parking
Price Drop! Rare Opportunity to Acquire165 ft Yonge St Frontage Downtown Richmond Hill. Ideal for Medical / Dental / Veterinarian / Automotive or Restaurant. Existing Heritage Building (approx 1,200 sqft) Suitable for Professional Office or Personal Services with 14 on-site paved parking spaces. Large Deep Lot with Potential to Build up to 8 storeys (over 50,000 GFA). Variety of Architectural Renderings Available, Incorporating the Original 150-year-old Jefferson Schoolhouse. Prime Yonge Street Exposure: Strong Long-Term Investment and Re-development Upside.

Property Summary

Property Type Commercial
Property Sub Type Commercial Retail
Transaction Type For Sale

Building

Building Type Commercial Retail
Square Footage 0.32
Building Area Units Acres
Heating Gas Forced Air Closed
Cooling No

Measurements

Lot Size 165 x 83
Lot Size Units Feet
Frontage 165
Depth 83
Total Living Area 0.32

Land

Address 11575 Yonge Street, Richmond Hill, ON L4E 3N8
City Richmond Hill
Community Jefferson
County / Area York
Cross Street Yonge St / 19th Avenue
Water Source Bored Well

Parking and Garage

Garage Type Outside/Surface

Taxes and Listing Info

List Price $2,988,000
Annual Taxes $18,520
Tax Year 2025
Status Active
Listing Date 2026-03-02T02:02:45Z
Updated 2026-05-22T18:38:50Z
MLS Number N12832000
Local Market Insight

What Buyers Should Know About 11575 Yonge Street, Richmond Hill, ON L4E 3N8

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

11575 Yonge Street, Richmond Hill, ON L4E 3N8 is positioned in Jefferson, a part of Richmond Hill where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Commercial Retail, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Commercial Retail should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Yonge St / 19th Avenue, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $2,988,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 165 x 83, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Richmond Hill, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Jefferson. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 11575 Yonge Street, Richmond Hill, ON L4E 3N8, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.