9875 Yonge Street
9875 Yonge Street
$5,300,000
$1,247/sq ft · 1 days on market
About This Listing
Rare opportunity to own your commercial address on Yonge Street - one of Ontario's most iconic and actively intensifying corridors. This move-in-ready 1.5-storey commercial building offers 3,782 sq ft of above-grade space across three levels: basement 823 sq ft, ground floor 2,164 sq ft, and second floor 795 sq ft. Three 8x20 ft storage containers add approximately 480 sq ft of enclosed utility space, easily retrofitted for warm/cold storage. Total GFA approximately 4,250 sq ft.The property holds an active occupancy certificate for retail use and is ready for immediate fit-out to suit your operation. On-site surface parking for 10-12 vehicles - an exceptional and increasingly rare amenity on Yonge Street that adds measurable commercial value for any use. Zoned RMU-COR1, among Richmond Hill's most permissive mixed-use designations, permitting office, major retail, medical, arts and cultural uses, live-work units, short-term accommodation, child care, private school, and more. Fit it out for your own business, lease it to a tenant, or structure a mixed-use strategy across floors. Positioned on a generous ~ 75 x 150 ft lot within Richmond Hill's designated Yonge Street intensification corridor, the Official Plan supports significant mid-to-high-rise densification along this stretch of Yonge. The land underneath this building appreciates on your behalf as the corridor evolves - making this the ideal buy-use-and-hold strategy for the sophisticated owner-occupier or investor. Stop writing rent cheques. Start building equity and capturing long-term land value on one of Ontario's most recognized streets.
| Monthly Mortgage (P&I) | $23,092 |
| Property Tax (MLS) | $2,009 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $25,100 |
Down payment: $1,060,000 (20.0%) · Mortgage: $4,240,000
Property tax uses MLS annual tax of $24,102/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by INTERNATIONAL REALTY FIRM, INC.
Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.
Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.
MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.
Data last updated: August 22, 2026 at 10:27 p.m.