Yorkdale Medical Building - Units A101 & A102
Exterior view of the Yorkdale Medical Building at 11685 Yonge Street (ground floor Units A101 & A102 for sale) - a 3-storey, ~30,000 sq ft commercial/medical condo building built in 2009.
| Feature | Description |
|---|---|
| Location | 11685 Yonge Street (Yonge & 19th Ave), Richmond Hill - high-visibility arterial road frontage in the Jefferson community. |
| Building Size | ~30,000 sq ft total, 3 floors (Class “B” mixed-use medical/office building). Typical floor plate ~10,000 sq ft. Clear ceiling height ~21 ft on ground level. |
| Year Built | 2009 (modern construction with high ceilings and glass façade). |
| Units for Sale | A101 & A102 (ground floor); combined 1,882 sq ft + 400 sq ft mezzanine. Currently built out as a medical clinic (to be sold fully equipped and turnkey). Includes 2 washrooms, reception, offices/exam rooms, and in-suite laundry (washer/dryer). |
| Occupancy/Use | Commercial condo - ideal for medical or professional office use. Zoning: AL/RR2 (Arterial Commercial / Rural Residential) zoning allows a wide range of medical and office uses. The space is turnkey medical - sale includes all existing medical equipment and clinic improvements. |
| Parking | Ample free surface parking on-site (shared plaza lot). Approx. 1.33 spaces per 1,000 sq ft parking ratio. Handicapped-accessible with elevator access to upper floors. |
| Tenant Mix | Healthcare-focused: On-site pharmacy (Pharmasave Yorkdale Pharmacy in Unit A104), family physicians (Yorkdale Medical Clinic in A103), physiotherapy (Premier Care Physio in A106), dental office (formerly Jefferson Forest Dental) and other medical specialists. Allied services: health food store (Unit A107), wellness & beauty (e.g. nail spa in B103), professional offices (accountant, insurance broker), and a nutrition school. The building is a well-established medical/professional center (flagship clinic founded 2010, expanded 2016), creating a built-in referral network and steady foot traffic. |
| Recent Upgrades | Turnkey condition - modern lighting (pot lights, chandeliers) and fixtures included. High-speed internet and all utilities are municipal. (No major capital upgrades noted, as building is relatively new). |
Nearby Amenities and Area Highlights
| Amenity | Details |
|---|---|
| Healthcare Facilities | Mackenzie Health Richmond Hill Hospital - full-service regional hospital ~10-15 minutes drive south. Oak Ridges Urgent Care clinic ~5 minutes north. Numerous medical/dental clinics and pharmacies on-site or in the vicinity (including Pharmasave in the building and other York Medical offices nearby). This location is ideal for healthcare providers, with an established patient base in the area. |
| Public Transportation | YRT/Viva transit at the doorstep - bus stops at Yonge & 19th/Gamble provide connectivity by York Region Transit and Viva Blue express line. Transit riders can reach Richmond Hill Centre Terminal, GO Stations, and Toronto subway via these routes. The site’s arterial location offers easy access for patients via car or transit (Highway 404 is ~10 minutes east). |
| Schools & Childcare | Family-friendly area with several schools nearby. For example, Century Private School (Montessori & elementary) is about a 15-minute walk (located at 11181 Yonge). Public elementary and secondary schools (on York Region District School Board and Catholic Board) serve the Jefferson community. An after-school learning center (JEI Learning Center) is even located in this building (Unit B102), highlighting the area’s focus on education and childcare. |
| Shopping & Services | Immediate access to retail: The building is directly across from a plaza with Sobeys supermarket and Canadian Tire for daily needs. Within a short walk or drive are banks, restaurants, coffee shops (Starbucks), and other retailers along Yonge Street. The nearby Oak Ridges area (Yonge & King Rd) offers additional shopping, dining, a LCBO, and a community centre. |
| Parks & Recreation | Situated on the edge of the Oak Ridges Moraine, the area offers abundant green space. Lake Wilcox and Bond Lake parks are a short drive away, offering lakeside trails, playgrounds, and recreation opportunities. The Jefferson Forest (part of the Moraine) features walking trails and natural woodlands for outdoor activities. Several neighborhood parks and sports fields are interspersed in the community. Golfers have Summit Golf & Country Club nearby as well. |
Jefferson Neighbourhood Demographics
| Demographic Metric | Jefferson, Richmond Hill | Insight |
|---|---|---|
| Population (2021) | ~20,500 residents | Jefferson has grown rapidly over the past decade as new home developments were completed (one of Richmond Hill’s fastest-growing areas). |
| Age Profile | Median age ~38.2 years (vs 42.3 city-wide) | Slightly younger population than the Richmond Hill average, with many young families and professionals. A large proportion of residents are in their 30s and 40s. |
| Household Type | ~88% of residents are married, ~69% of families have children at home | Highly family-oriented community (significantly above Ontario averages for families with kids). Demand for local healthcare (pediatrics, family medicine) is strong given the number of young families. |
| Education & Income | ~60% of adults have a bachelor’s degree or higher; Median household income ~$123,500 (about 40% higher than Ontario average). | Jefferson is an affluent, well-educated community. Higher disposable incomes and education levels suggest strong support for quality medical and wellness services. |
| Diversity | 36% Chinese, 13% West Asian, 12% South Asian (visible minority groups) | Culturally diverse population. Practices offering multilingual services may thrive. Common languages include English (85%+ speak English at home), with Chinese and Farsi (Persian) also prevalent. |
| Growth Trend | Population density ~2,909 per sq km (about 41% higher than RH average) | The neighbourhood’s rapid growth has led to higher density housing. Continued development is expected as Jefferson is a designated growth area in Richmond Hill. This means an expanding patient base and increasing foot traffic over time. |
Zoning & Land Use (AL/RR2)
| Zoning | The property is zoned AL/RR2 (Arterial Commercial / Rural Residential 2). This dual zoning reflects an arterial commercial frontage along Yonge Street, with a portion of the lot retaining a rural residential designation (likely for the undeveloped rear part of the site). |
| Permitted Uses | AL zoning permits a broad range of commercial and medical uses appropriate for a major road - e.g. clinics, professional offices, pharmacies, personal services, etc. The current medical office use is fully compliant. RR2 zoning typically allows low-density residential or rural uses; its presence indicates any expansion or new development on the back of the lot may be subject to additional planning approvals. |
| Key Regulations | Under the AL designation, signage facing Yonge Street is allowed (exclusive signage for this unit is available). Parking, access, and building height are regulated by the site’s development agreement (the existing building conforms to all requirements). Future redevelopment of the site would need to consider both zoning components. Overall, the zoning is flexible for medical and office practices, ensuring the buyer can continue similar use or introduce any health-care related practice. (Buyers should verify any specific uses with the City of Richmond Hill zoning by-law). |
Market Comparables & Pricing Context
| Comparable Property | Details (Size & Price) | Price per sq ft (approx.) |
|---|---|---|
| Subject Property - Yorkdale Medical A101/A102 | 1,887 sq ft ground-floor medical condo, listed at $2,050,000 (including existing clinic business & equipment). | ~$1,085 per sq ft |
| Unit A305 - Yorkdale Medical (same building) | 2,738 sq ft third-floor office condo, listed at $1,900,000 (vacant). Upper-floor units trade at lower pricing than ground floor retail exposure. | ~$694 per sq ft |
| 20 Wertheim Court, Richmond Hill | 1,100 sq ft medical office condo (Highway 7 & Leslie area) listed at $588,800. Established professional building near Hwy 404. | ~$535 per sq ft |
| (For Lease) 250 Harding Blvd “York-Med” | For reference: Medical offices near Mackenzie Hospital lease for roughly $25-$35 per sq ft gross. For instance, suites at 250 Harding (across from the hospital) are advertised in this range (varying by size/finish). This underscores the high value of owning versus leasing in a growing area. | - |
Pricing Insight: The subject units are priced at a premium, reflecting their prime ground-floor location, turn-key medical setup, and Yonge Street exposure. In comparison, upper-floor or less centralized medical spaces in Richmond Hill range lower in price per square foot. The robust demand for healthcare real estate in the area (driven by population growth and high incomes) supports these values. Buyers can expect a solid long-term investment, with the surrounding market trends indicating continued appreciation.