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. Contact me today to request the available site plan, discuss the development potential, and arrange a private property showing. Bring your vision, explore the possibilities, and take the next step toward your next successful project!
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
700-1100
Lot Depth:
212'2"64.7 m
Lot Frontage:
102'8"31.3 m
Direction Faces:
North
Bedrooms:
3
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
7
Zoning:
R3
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Asphalt Shingle
Basement:
Full
Fireplace/Stove:
No
Garage:
Other
Garage Spaces:
1.0
Parking Spaces:
10
Total Parking Spaces:
11.0
Family Room:
Yes
Possession Details:
TDB
Pool:
None
Link:
No
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$8,019 /
2025
Assessment:
$- /
-
York
Richmond Hill
Mill Pond
Greenbelt/Conservation, Hospital, Library, Ravine, School Bus Route
Other
All Existing Light Fixtures, All Existing Appliances, All Existing Window Coverings.
Data was last updated October 27, 2026 at 06:15 PM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$1,890,000
Min list price:
$848,000
Max list price:
$4,988,888
Avg days on market:
28
Min days on market:
1
Max days on market:
238
These statistics are generated based on the current listing's property type
and located in
Mill Pond. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.