Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
4,306 sqft

C$20/month

53 Observatory Lane, Richmond Hill ON, L4C 8K9

Price per sqftC$0.00
Property size4,306 sqft
Property typeCommercial

Overview

Active

New

Listed Sep 6, 2026

Updated 3 weeks ago

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!

Other Property Details

Taxes
$80,000
Tax Frequency
Annually

 

Courtesy of Listed by , REMAX YOUR COMMUNITY REALTY,

Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 5:16 AM UTC, 9/16/2026