North GTA

Distribution Centres in Richmond Hill, ON

Represented by Michael Law — industrial broker, Lennard Commercial Realty

Region

North GTA

Avg Net Rent

$16.50/SF(Q1 2026)

Availability

4.6%

Clear Heights

32'–40'+

Highway Access

Highway 404, Highway 407, Hwy 7

Richmond Hill Distribution Centre Market

Richmond Hill is the southernmost York Region industrial submarket, positioned immediately north of Markham and east of Vaughan with strong Highway 404 and Highway 407 access. Beaver Creek Business Park is the submarket's flagship industrial node — a well-established mixed-use business park housing a range of distribution, light manufacturing, and professional service tenants in modern mid-bay and small-bay product. Richmond Hill's industrial market has benefited from its position at the 404/407 interchange, which gives tenants simultaneous access to the DVP/Toronto core via 404 South, Markham via 407 East, and Vaughan/Pearson via 407 West. This multi-directional highway access is particularly valued by last-mile logistics operators and e-commerce fulfillment providers serving York Region's high-income residential base. Net asking rents in Richmond Hill range from $15.50 to $18.50 per square foot net. The submarket commands a premium over Aurora and Newmarket reflecting its southern York Region position and the premium Beaver Creek address. Richmond Hill sits in the middle of the York Region industrial rent band — below Vaughan but above Newmarket and Aurora. Michael Law advises industrial tenants and investors across York Region including Richmond Hill, Markham, Aurora, Newmarket, and Vaughan.

Distribution Centres in Richmond Hill: What I Look For

Richmond Hill is the southernmost York Region industrial submarket, positioned at the 404/407 interchange with simultaneous access to the DVP and Toronto core via Highway 404 South, Markham via 407 East, and Vaughan and Pearson Airport via 407 West. Beaver Creek Business Park is the flagship distribution address, offering a mix of modern mid-bay and small-bay product in a professional business park setting that attracts institutional and corporate distribution tenants. For distribution centre occupiers, Richmond Hill's 404/407 intersection is one of the most strategically valuable addresses in the York Region industrial market. Operators based in Richmond Hill can reach Markham, Vaughan, Scarborough, and the Toronto core all within 30-40 minutes using the 407 ETR and 404 highway system — a multi-directional access profile that no other York Region submarket can replicate. Net asking rents range from $15.50 to $18.50 per square foot net. Richmond Hill commands a premium over Aurora and Newmarket reflecting its southern York Region position and the quality of Beaver Creek Business Park inventory. The submarket draws last-mile logistics operators, e-commerce fulfillment providers, and corporate distribution tenants who value the 404/407 access profile and a professional York Region address. Michael Law advises industrial tenants and investors across York Region including Richmond Hill, Markham, Aurora, Newmarket, and Vaughan. Contact Michael at mlaw@lennard.com or (905) 917-2045 for a current availability report.

Sourcing Distribution Centres — My Approach

A distribution centre is a fundamentally different real estate product than a warehouse, even when they look identical from the road. A warehouse stores inventory; a distribution centre moves it. That single distinction reshapes every spec on the building. When I represent a distribution tenant, I'm looking first at the dock-door-to-floor-area ratio (typically 1 per 8,000-10,000 SF for active distribution, tighter for high-velocity e-commerce), then at trailer storage depth, then at the truck court depth (130' minimum for a 53' trailer with comfortable maneuvering), then at the clear height (36-40' for modern racking density), and only then at the per-square-foot rent. A distribution centre that's $2/SF cheaper but missing four dock doors will cost the operator far more annually in delayed throughput than the rent savings ever return. The buildings that work for distribution are usually purpose-built, post-2015 construction, and concentrated in specific submarkets — Milton, Heartland, Vaughan, and parts of Mississauga along Mavis/Britannia.

Frequently Asked Questions

What are typical distribution centre rents in Richmond Hill?

Net asking rents for distribution centres in Richmond Hill range from $15.50 to $18.50 per square foot net. Beaver Creek Business Park modern product commands the upper end, while older Highway 7 corridor inventory trades between $15.00 and $16.50 net. Richmond Hill sits above Aurora and Newmarket and below Vaughan in the York Region rent spectrum.

What makes Richmond Hill a strong distribution location?

Richmond Hill's 404/407 intersection gives distribution operators simultaneous highway access to Toronto via DVP/404 South, Markham and Durham Region via 407 East, and Vaughan and Pearson Airport via 407 West — a multi-directional access profile unmatched in York Region. Beaver Creek Business Park adds a professional environment that attracts corporate and institutional distribution tenants.

Who is Michael Law and how can he help with Richmond Hill industrial space?

Michael Law is a Managing Partner at Lennard Commercial Realty specializing in York Region and GTA industrial real estate. He covers Richmond Hill, Markham, Aurora, Newmarket, and Vaughan. Contact Michael at mlaw@lennard.com or (905) 917-2045.

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