53 Observatory Lane
Observatory
Richmond Hill
L4C 8K9
$20 /Per Sq Ft
Commercial
- Status:
- For Lease
- Prop. Type:
- Commercial
- MLS® Num:
- N13749384
- Bus Major:
- Other
- Photos (6)
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HIGH CEILINGS. BIG POSSIBILITIES. YOUR NEXT FITNESS, DANCE OR EDUCATION DESTINATION! Discover approx. 4,305 sq. ft. of commercial space in the heart of Downtown Richmond Hill, offering an exciting opportunity to establish a distinctive business in an excellent location. The standout feature is the impressive HIGH CEILINGS, creating a spacious, uplifting atmosphere that brings an entirely different dimension to the customer experience. For operators envisioning an energetic fitness centre, boutique gym, dance academy or inspiring learning environment, this space deserves a closer look. Imagine group fitness classes, personal training, yoga, Pilates, martial arts, dance instruction, tutoring or educational programs, subject to zoning, landlord consent and required approvals. The generous floor area offers scope to explore training, teaching and activity zones tailored to your concept, subject to the existing layout and any necessary alterations. TEN ALLOCATED PARKING SPACES, together with visitor parking availability, add everyday convenience for members, students, instructors and guests. A compelling combination of size, ceiling height, parking and location for operators ready to grow their brand or introduce a fresh concept to Richmond Hill. Net Rent: $20.00/sq. ft./year. TMI: $12.00/sq. ft./year. Combined quoted rate: $32.00/sq. ft./year, plus HST, utilities and other applicable charges. Bring your vision, explore the possibilities and experience the impact of these high ceilings in person. BOOK YOUR PRIVATE SHOWING!
- Minimum Rental Term:
- 36
- Maximum Rental Term:
- 60
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Total Area:
- 4306 sq. ft. Square Feet
- Total Area:
- 4,305.5 sq. ft.400 m2
- Retail Area:
- 4306 sq. ft. Sq Ft
- Lot Depth:
- 615'7½"188 m
- Lot Frontage:
- 200'2"61 m
- Lot Shape:
- Irregular
- Water supply:
- Municipal
- Zoning:
- R-IND
- Heating type:
- Gas Forced Air Open
- Clear Height:
- 17'5.18 m
- Garage:
- Outside/Surface
- Parking Spaces:
- 10
- Possession Details:
- TBA
- Lot Irregularities:
- 141.38x164.32x468.39x200.19x615.63
- Assessment Year:
- 2025
- Type Taxes:
- Annual
- Taxes:
- $80,000 / 2025
- Assessment:
- $- / 2025
- York
- Richmond Hill
- Observatory
- No
- Use of approximately 4,305 sq. ft. of leased premises and 10 allocated parking spaces, subject to the final lease. Visitor parking is available subject to availability and property parking rules. Included fixtures and improvements to be specifically identified in the lease.
- No furniture, equipment, inventory or other business assets are included unless expressly identified in the final lease. HST, utilities and other applicable charges are additional to the quoted net rent and TMI.
- No
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- Yes
- Financial Statements:
- No
- Major Business Type:
- Other
- Category:
- Retail
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- 24
- Chattels:
- Yes
Larger map options:
Listed by YORK NATIONAL REALTY INC.
Data was last updated September 6, 2026 at 07:15 PM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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