For rent 32$7,177/mo est.
$20/sq ft/yr base rent. Taxes, maintenance and insurance are extra.
53 Observatory Lane
Observatory, Richmond Hill, Ontario L4C8K9
For rent· Added
About this property
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!
Location
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Property details
Listing
- MLS® number
- N13749384
- Added
- Sep 5, 2026 ()
- Updated
- Sep 15, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
- Features
- Irregular lot size
Building
- Parking
- 10 spaces
Land
- Lot size
- Bldg=200.19 x 615.63 ft
- Lot notes
- 141.38x164.32x468.39x200.19x615.63
- Zoning
- R-IND
Services
- Water
- Municipal water
Location
- Directions
- Yonge - Weldrick
Running costs
- Annual property tax (2025)
- $80,000
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