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9, 10 & 11 11611 Yonge Street in Richmond Hill: Jefferson Commercial for sale : MLS®# N12936014

Looking for a business for sale in Richmond Hill? This vibrant and growing community just north of Toronto is an ideal location for entrepreneurs, franchise investors, and professionals seeking profitable ventures. With a mix of retail, hospitality, and service-based businesses available, Richmond Hill offers exceptional value for both first-time buyers and seasoned investors.

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9, 10 & 11 11611 Yonge Street
Jefferson Richmond Hill L4E 1G2

$2,392,265 /For Sale
Commercial

Main Photo: 9, 10 & 11 11611 Yonge Street in Richmond Hill: Jefferson Commercial for sale : MLS®# N12936014
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12936014
Bus Major:
Retail Store Related
Opportunities like this are rare! Move-in ready and purpose-built for pharmacy use in a prime Yonge Street location. Rare, fully built-out pharmacy opportunity at 11611 Yonge Street in the heart of Richmond Hill. This offering includes three contiguous commercial units being sold together. Professionally combined and configured for pharmacy use. Designed for immediate occupancy, the space provides a turnkey setup ideal for pharmacists, medical professionals, or retail operators looking to avoid the time and complexity of construction and approvals. Prominently located on high-traffic Yonge Street, the property benefits from excellent visibility, strong signage exposure, and is surrounded by dense residential communities and established businesses. Total area reflects units combined. Units are not available for individual purchase.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Approx. Age:
New
Total Area:
2506 sq. ft. Square Feet
Total Area:
2,506 sq. ft.
Retail Area:
2506 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Regional mixed use corridor (RMU-COR2)
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$15,336.13 / 2026
Assessment:
$- / -
York
Richmond Hill
Jefferson
Public Transit
No
None
Utilities:
Available
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary+Storm Available
Air Conditioning:
No
Seller Property Info Statement:
No
Major Business Type:
Retail Store Related
Category:
Retail
Date Listed:
Mar 30, 2026
  • Photo 1: 9, 10 & 11 11611 Yonge Street in Richmond Hill: Jefferson Commercial for sale : MLS®# N12936014
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Listed by RE/MAX HALLMARK REALTY LTD.
Data was last updated April 6, 2026 at 03:15 AM (UTC)
DARYL KING
The enclosed information while deemed to be correct, is not guaranteed.
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Why Buy a Business in Richmond Hill?

• Strong local economy supported by affluent residential neighbourhoods
• Easy access to highways 404, 407, and public transit options
• Growing population means increased demand across business sectors
• Variety of commercial properties including storefronts and office spaces
• Business-friendly policies and a supportive municipality

Features of Richmond Hill Businesses for Sale

Purchasing a business in Richmond Hill offers access to:

• Turnkey operations with existing customer bases
• Long-term lease agreements in high-traffic zones
• Restaurants, salons, medical practices, and convenience stores
• Franchise opportunities backed by national brands
• Flexible zoning for retail, professional, and mixed-use space

Neighbourhood Highlights for Business Owners

Richmond Hill’s commercial hubs stretch across key corridors like Yonge Street, Bayview Avenue, and Highway 7. Popular areas include:

  • Downtown Richmond Hill: High pedestrian traffic and heritage storefronts
  • Hillcrest Mall Area: Anchored retail plazas with steady footfall
  • Beaver Creek Business Park: Office and industrial spaces near major routes

These diverse zones cater to different business models, helping you align your investment with local demographics and traffic flow.

Who Should Consider Businesses for Sale in Richmond Hill?

Whether you’re expanding your franchise footprint or launching your first independent business, Richmond Hill provides:

Opportunity for owner-operated and absentee-run businesses

Affordable alternatives to downtown Toronto

Loyal local clientele in suburban communities

Low startup costs compared to urban core areas

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Business for Sale Richmond Hill

1. What’s the average investment needed to buy a business?
Prices start under $100,000 for small operations and go beyond $1 million for high-revenue franchises or specialized practices.

2. Are financing options available for buying a business?
Yes. Buyers can explore business loans, seller financing, or private equity. Our team connects you with lenders experienced in commercial purchases.

3. What due diligence is required before purchase?
Due diligence includes reviewing lease agreements, customer history, financial performance, inventory, and vendor contracts.

4. Why should I choose Richmond Hill over downtown Toronto?
Richmond Hill offers lower entry costs, easier parking and access, less competition in certain sectors, and a community-focused customer base.