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$2,199,000
Available - For Sale
Listing ID: N14119826
ATTENTION BUILDERS, DEVELOPERS & INVESTORS - DON'T MISS THIS RARE OPPORTUNITY!A rare opportunity to acquire a substantial infill development site in the highly desirable Yonge Street and Elgin Mills corridor of Richmond Hill. Featuring an impressive 102 x 212 ft lot, this property offers significant redevelopment potential in a supply-constrained market. The proposed development envisions 10 to 11 spacious, freehold townhomes, each approximately2,000 sq. ft., featuring three-storey layouts, attached single-car garages, and private rooftop terraces. A site plan is available for review. The property may also offer potential for a purpose-built rental apartment development through the CMHC (Canadian Housing And Mortgage Corporation) purpose built rental Program! Ideally located just steps from Yonge Street, the property offers convenient access to public transit, shopping, schools, parks, Mill Pond, the hospital, and a wide range of everyday amenities. The existing homes may also provide rental income during the holding period, subject to their condition and applicable requirements. A PRIME INFILL OPPORTUNITY WITH MULTIPLE DEVELOPMENT POSSIBILITIES. Whether you're a builder looking for your next townhouse project, a developer exploring purpose-built rental housing, oran investor seeking long-term value, this property deserves your immediate attention. Opportunities like this are rare - secure your position in one of Richmond Hill's desirable growth corridors. Bring your vision, explore the possibilities, and take the next step toward your next successful project!
Price $2,199,000
Taxes: $8,019
Occupancy by: Vacant
Address: 281 Elgin Mills Road West , Richmond Hill, L4C 4M1, York
Directions/Cross Streets: REGENT ST AND ELGIN MILLS RD WEST
Rooms: 7
Bedrooms: 3
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Ground Living Ro 13.12 10.17 Window
Room 2: Ground Primary B 6.89 6.56 Window, Closet
Room 3: Ground Bedroom 2 6.07 6.89
Room 4: Ground Bedroom 3 6.23 6.56 Window, Closet
Room 5: Ground Bedroom 4 6.89 5.90
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Main
Washroom 3:  3 Main
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  3 Main
Washroom 8:  3 Main
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Main
Washroom 12:  3 Main
Washroom 13:  3 Main
Washroom 14:  0
Washroom 15:  0
Washroom 16:  3 Main
Washroom 17:  3 Main
Washroom 18:  3 Main
Washroom 19:  0
Washroom 20:  0
Washroom 21:  3 Main
Washroom 22:  3 Main
Washroom 23:  3 Main
Washroom 24:  0
Washroom 25:  0
Washroom 26:  3 Main
Washroom 27:  3 Main
Washroom 28:  3 Main
Washroom 29:  0
Washroom 30:  0
Washroom 31:  3 Main
Washroom 32:  3 Main
Washroom 33:  3 Main
Washroom 34:  0
Washroom 35:  0
Washroom 36:  3 Main
Washroom 37:  3 Main
Washroom 38:  3 Main
Washroom 39:  0
Washroom 40:  0
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: Other
Drive Parking Spaces: 10
Pool: None
Approximatly Square Footage: 700-1100
Property Features: Greenbelt/Co
Hospital
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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RE/MAX REALTRON REALTY INC.

281 Elgin Mills Road West , Richmond Hill, L4C 4M1, York

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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At a Glance:
Type: Freehold - Detached
Area: York
Municipality: Richmond Hill
Neighbourhood: Mill Pond
Style: Bungalow
Lot Size: x 212.16(Feet)
Approximate Age:
Tax: $8,019
Maintenance Fee: $0
Beds: 3
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949