For Sale
*** Hwy 7 N/A E *** #***
Doncrest, Richmond Hill, ON
$200,000
0Bd
0Ba
—sqft
CommercialMLS# N12750318Listed 2026-02-0277 DOM
On the market for 77 days — longer than average. The seller may be open to negotiation.
About this home
Well-established dry cleaning plant located at the prime intersection of Bayview and Highway 7, surrounded by affluent high-income neighborhoods and situated in a busy, high-traffic plaza. The location benefits from excellent exposure and strong customer flow, further enhanced by emerging new condominiums and the recent opening of a T&T Supermarket within walking distance along the same street, which is expected to significantly increase foot traffic. The business is equipped with cutting-edge, PERC-Free eco-friendly dry cleaning equipment and generates additional revenue through professional alteration services. Proudly operated by the same owner for over 20 years.
Features
- Yes
Financials
Annual Taxes
$0
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield15.0% – 48.0%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Richmond Hill
Days on market77 days
Buyer's MarketSeller's Market
Based on active listings in Richmond Hill. Data updates daily.
Demographics — Richmond Hill
Population
202,022
Avg Household Income
$115,000
Age Distribution
0-19
20%
20-34
17%
35-49
22%
50-64
22%
65+
19%
Ownership81% own · 19% rent
EnglishMandarinCantoneseFarsiRussian
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
62
/ 100
Walk Score
Somewhat Walkable
39
/ 100
Transit Score
Some Transit
56
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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